Seventy Times Seven

Analysis

Seventy Times Seven is a registered charity in United States, based in Bushnell, FL. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Seventy Times Seven reported income of $118k and spending of $121k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $120k to $118k (-2.0%), an average of -2.0% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seventy Times Seven sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Russian Encouragement Ministries ($118k), The Florida Turkish-American Association Inc ($118k) and Jeffersons Foundation ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. At year end it held assets of $3,454 against liabilities of $0, net assets of $3,454.