Grizzly Youth Academy Foundation

Analysis

Grizzly Youth Academy Foundation is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in May 2019, 7 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, Grizzly Youth Academy Foundation reported income of $92k and spending of $142k, spending 154% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $324k to $92k (-71%), an average of -47% a year. The sharpest change came in the year to December 2022, when income dropped by 63%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Grizzly Youth Academy Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Kicking It Back Inc ($92k), Humboldt Sponsors ($92k) and Gateway Foundation Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $279k against liabilities of $0, net assets of $279k.