Skip 1 Charities Inc

Analysis

Skip 1 Charities Inc is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in April 2010, 16 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, Skip 1 Charities Inc reported income of $158k and spending of $160k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $158k (+3.8%), an average of +3.8% a year. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Skip 1 Charities Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include City of Smile - USA ($158k), The Bountiful Rotary Service Partners Foundation ($158k) and Carbondale Community High School District 165 Education Foundation ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $13k, net assets of $17k.