Have a Standard Foundation

Analysis

Have a Standard Foundation is a registered charity in United States, based in Collierville, TN. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Have a Standard Foundation reported income of $72k and spending of $28k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $198k to $72k (-64%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 68%. Over the whole period it spent 74% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Have a Standard Foundation 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 28th percentile, and in the 27th percentile within TN. Charities of a similar size with the same main cause include Backing Ag Raising Youth ($72k), Bruin Athletic Boosters Club Inc ($72k) and Fauquier Youth Football Inc ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $375. At year end it held assets of $37k against liabilities of $37k, net assets of $0.