916 Ink

Analysis

916 Ink is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 2014, 12 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 June 2023, 916 Ink reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $682k to $1.4m (+107%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 916 Ink sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Wagler Training Center ($1.4m), Preschool Playhouse Inc ($1.4m) and Pittsburgh Chapter National Tooling and Machining Foundation Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $111k (7.9% of expenses). Other salaries and wages came to $795k. At year end it held assets of $581k against liabilities of $260k, net assets of $321k. It reported 47 employees.