100state Inc

Analysis

100state Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2023, 100state Inc reported income of $100k and spending of $122k, spending 122% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $351k to $100k (-71%), an average of -27% a year. The sharpest change came in the year to July 2023, when income dropped by 42%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 100state Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within WI. Charities of a similar size with the same main cause include Hope for One Child ($100k), Home Care Research of Rochester Inc ($100k) and Odessa Clothes Closet Inc ($100k).

On its Form 990-EZ for the period ending July 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $13k against liabilities of $351k, net assets of -$339k.