Slave 2 Nothing Foundation

Analysis

Slave 2 Nothing Foundation is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Slave 2 Nothing Foundation reported income of $19.3m and spending of $3.1m, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $19.3m (+904%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 535%. Over the whole period it spent 39% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Slave 2 Nothing Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Harry-Anna Investment Fund Inc ($19.3m), Gordon Christian Trust ($19.4m) and Ralph & Carolyn Thompson Charitable Foundation ($19.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $20.9m against liabilities of $0, net assets of $20.9m.