Lucky Sevan Foundation Inc

Analysis

Lucky Sevan Foundation Inc is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in August 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 June 2024, Lucky Sevan Foundation Inc reported income of $70k and spending of $59k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $86k to $70k (-18%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lucky Sevan Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within AZ. Charities of a similar size with the same main cause include Strongher Together Inc ($70k), Center for Childhood ($70k) and Maple Springs Community Service Corporation ($70k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.