Sixers Youth Foundation

Analysis

Sixers Youth Foundation is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in April 2014, 12 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, Sixers Youth Foundation reported income of $1.1m and spending of $1.3m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-1.1%), an average of -0.3% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sixers Youth Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include National Christian Charitable Foundation ($1.1m), Vilda ($1.1m) and Community Foundation of Morgan County Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $193k (15% of expenses). Other salaries and wages came to $115k. At year end it held assets of $1.6m against liabilities of $778k, net assets of $809k.