The Candy Bomber Foundation

Analysis

The Candy Bomber Foundation is a registered charity in United States, based in Spanish Fork, UT. It received its IRS tax-exemption ruling in September 2016, 10 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 (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, The Candy Bomber Foundation reported income of $55k and spending of $19k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $171k to $55k (-68%), an average of -68% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 69% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Candy Bomber 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 20th percentile within UT. Charities of a similar size with the same main cause include Mason City Little League Inc D B a Mason City Youth Baseball ($55k), Kaneland Youth Soccer Organization Ltd ($55k) and Denair Sports Boosters Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $284k against liabilities of $0, net assets of $284k.