2222 Foundation

Analysis

2222 Foundation is a registered charity in United States, based in Grandview, TX. It received its IRS tax-exemption ruling in August 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, 2222 Foundation reported income of $275k and spending of $437k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $275k (+198%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 123%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 2222 Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Rainbow Defense Fund Inc ($275k), Rotary Club of Naples Charitable Foundation Inc ($275k) and Bachman Center Council Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $171k against liabilities of $83k, net assets of $88k.