20 Pearls Foundation

Analysis

20 Pearls Foundation is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in January 1997, 29 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, 20 Pearls Foundation reported income of $55k and spending of $78k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $55k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 136% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 20 Pearls Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Archer Glen Elementary PAC ($55k), Womenmtb ($55k) and George a Smith School Parent Faculty Organization ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.