Never Say Never Foundation Inc

Analysis

Never Say Never Foundation Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Never Say Never Foundation Inc reported income of $81k and spending of $147k, spending 182% of what it took in. The sharpest change came in the year to December 2021, when income rose by 422%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Never Say Never Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Life Prep Ministries ($81k), Open Fields Inc ($81k) and Yes ($81k).

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 $66k against liabilities of $0, net assets of $66k.