Seven Point Inc

Analysis

Seven Point Inc is a registered charity in United States, based in Yucaipa, CA. It received its IRS tax-exemption ruling in February 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seven Point Inc reported income of $1.2m and spending of $934k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $520k to $1.2m (+138%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Seven Point Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Los Angeles Galaxy Foundation ($1.2m), Baton Rouge Child Advocacy Center ($1.2m) and Spokane Tribal Network ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.