Xposure Foundation Inc

Analysis

Xposure Foundation Inc is a registered charity in United States, based in S Richmond HL, NY. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Xposure Foundation Inc reported income of $1.9m and spending of $2.6m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.9m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Xposure Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Southern Scholarship Foundation Inc ($1.9m), Covenant Christian Assembly ($1.9m) and Renaissance Academy - a School for the Multi Media Arts ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $171k (6.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $253k against liabilities of $1.0m, net assets of -$761k. It reported 172 employees.