You Can Fail Inc

Analysis

You Can Fail Inc is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, You Can Fail Inc reported income of $85k and spending of $86k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $85k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, You Can Fail Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Lawrence N Greenleaf Masonic Building Association ($85k), Im Every Woman Inc ($85k) and Wayne County Historical Society of Ohio ($85k).

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 $40k against liabilities of $7,125, net assets of $33k.