Social Ventures Foundation

Analysis

Social Ventures Foundation is a registered charity in United States, based in Dover, NH. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Social Ventures Foundation reported income of $113k and spending of $164k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $16k to $113k (+600%), an average of +600% a year. The sharpest change came in the year to December 2023, when income rose by 600%. Over the whole period it spent 296% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Social Ventures Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within NH. Charities of a similar size with the same main cause include Jomar of Zion Inc ($113k), Society for Marketing Professional Services Foundation ($113k) and Benevolent Society ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,483 against liabilities of $571k, net assets of -$564k.