Xtreme Couture Gi Foundation

Analysis

Xtreme Couture Gi Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Xtreme Couture Gi Foundation reported income of $276k and spending of $324k, spending 117% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $188k to $276k (+47%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 205%. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Xtreme Couture Gi Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within NV. Charities of a similar size with the same main cause include Weakley County Joint Economic Development Corporation ($276k), Impact Nashville Inc ($276k) and His Love Extended ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $409k against liabilities of $168k, net assets of $240k.