4 2 20 Foundation

Analysis

4 2 20 Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 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 (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, 4 2 20 Foundation reported income of $5.1m and spending of $5.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $5.1m (+81%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 4 2 20 Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Giving Company ($5.1m), Dutch Sheets Ministries Inc ($5.1m) and Christian School Association of York Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $268k (5.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.7m against liabilities of $2.6m, net assets of $54k. It reported 16 employees.