Y12 Fcu Gives Foundation Inc

Analysis

Y12 Fcu Gives Foundation Inc is a registered charity in United States, based in Oak Ridge, TN. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Y12 Fcu Gives Foundation Inc reported income of $282k and spending of $387k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $282k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 142%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Y12 Fcu Gives Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Charity Fall Invitational Incorporated ($282k), Raleigh Civic Ventures Inc ($282k) and Helping Seniors of Brevard County Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $231k against liabilities of $0, net assets of $231k.