906 Foundation

Analysis

906 Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2007, 19 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, 906 Foundation reported income of $448k and spending of $337k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $546k to $448k (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 906 Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within AZ. Charities of a similar size with the same main cause include Interfaith Thrift Shop ($448k), Zaca Center Preschool ($448k) and Ithaca Electrical Joint Apprenticeship Training Fund Local ($448k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $548k against liabilities of $17k, net assets of $531k.