Gift4s Giving Individuals the Fundamental Tools 4 Success

Analysis

Gift4s Giving Individuals the Fundamental Tools 4 Success is a registered charity in United States, based in The Colony, TX. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Gift4s Giving Individuals the Fundamental Tools 4 Success reported income of $141k and spending of $1.1m, spending 795% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $4.3m to $141k (-97%), an average of -82% a year. The sharpest change came in the year to December 2023, when income rose by 271%. Over the whole period it spent 33% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Gift4s Giving Individuals the Fundamental Tools 4 Success sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Universal Youth Foundation ($141k), Singing Eagle Lodge ($141k) and Washington State University ($141k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% of the total. Compensation of current officers, directors and key employees was $100k (8.9% of expenses). At year end it held assets of $3.2m against liabilities of $239, net assets of $3.2m.