10000 Fathers Inc

Analysis

10000 Fathers Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, 10000 Fathers Inc reported income of $384k and spending of $431k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $660k to $384k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 10000 Fathers Inc 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 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include J-Life Outreach Inc ($384k), Ministry House of Restoration San Antonio Church ($384k) and Linh Quang Buddhist Center Inc ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $127k (29% of expenses). At year end it held assets of $56k against liabilities of $19k, net assets of $36k. It reported 2 employees.