1776 Foundation

Analysis

1776 Foundation is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, 1776 Foundation reported income of $149k and spending of $146k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $149k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 1776 Foundation sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within MT. Charities of a similar size with the same main cause include Parents Athletic Committee of Indian Hills HS ($149k), Children First America Delaware County ($149k) and Sequoya Association of Parents and Teachers Inc ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.