Team 5 Foundation

Analysis

Team 5 Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Team 5 Foundation reported income of $75k and spending of $47k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $75k (-13%), an average of -13% a year. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Team 5 Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 33rd percentile within NV. Charities of a similar size with the same main cause include Green Across the World Inc ($75k), Cowboy Country Rotary Youth Exchange District 5440 Inc ($75k) and Cwef - USA ($75k).

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 $144k against liabilities of $0, net assets of $144k.