Determined to Succeed

Analysis

Determined to Succeed is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Determined to Succeed reported income of $800k and spending of $834k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $467k to $800k (+71%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Determined to Succeed sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Eddie and Alfreda Sinkfield Foundation Inc ($800k), Computer Science Alliance ($800k) and Chanute Public Library ($800k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $149k (18% of expenses). Other salaries and wages came to $342k. At year end it held assets of $656k against liabilities of $62k, net assets of $594k. It reported 9 employees.