5t Foundation

Analysis

5t Foundation is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, 5t Foundation reported income of $56k and spending of $27k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $68k to $56k (-18%), an average of -5.0% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 5t 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 22nd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include New Bethel Fellowship Inc ($56k), Marian Center Inc ($56k) and Broken Not Dead Ministries ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.