7g Foundation

Analysis

7g Foundation is a registered charity in United States, based in Pauma Valley, CA. It received its IRS tax-exemption ruling in June 2019, 7 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, 7g Foundation reported income of $269k and spending of $256k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $269k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, 7g Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Real Talk Youth Impact Program Inc ($269k), Bloom Project ($269k) and Pakistani American Youth Organization Inc ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $6,362. At year end it held assets of $60k against liabilities of $913, net assets of $59k. It reported 2 employees.