625 Foundation

Analysis

625 Foundation is a registered charity in United States, based in Rupert, VT. It received its IRS tax-exemption ruling in October 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, 625 Foundation reported income of $53k and spending of $114k, spending 216% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $53k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 625 Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 13th percentile within VT. Charities of a similar size with the same main cause include Cavalier Football Booster Club ($53k), Rootsforkids Inc ($53k) and American Friends of Singapore Management University Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.