I Support the 1

Analysis

I Support the 1 is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, I Support the 1 reported income of $105k and spending of $69k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $105k (+5.0%), an average of +5.0% a year. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, I Support the 1 sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within MI. Charities of a similar size with the same main cause include Loaves & Fishes Hospitality House Inc ($105k), Jasper County Community Food Bank ($105k) and Hill Country Youth Commercial Heifer Show and Sale ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $216k against liabilities of $0, net assets of $216k.