97 Percent Org Inc

Analysis

97 Percent Org Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2019, 7 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, 97 Percent Org Inc reported income of $266k and spending of $304k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $370k to $266k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 97 Percent Org Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Yankton College ($266k), Community School Collaborative ($266k) and Scarlet Brigade Boosters Club of Fairfield High School ($266k).

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 $17k (5.5% of expenses). At year end it held assets of $13k against liabilities of $7,878, net assets of $5,324.