Simplar Foundation

Analysis

Simplar Foundation is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in November 2018, 8 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 December 2023, Simplar Foundation reported income of $267k and spending of $417k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $421k to $267k (-36%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Simplar Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within AZ. Charities of a similar size with the same main cause include Jenny Lynn Elementary of Pennsylvania ($267k), Primer Academia de Abc Spanish Immersion Program Inc ($267k) and De Lasting Purpose Foundation ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $483k against liabilities of $1,633, net assets of $481k.