143 Collective

Analysis

143 Collective is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 143 Collective reported income of $106k and spending of $107k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $214k to $106k (-51%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 124% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 143 Collective sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Music Is Unity Foundation ($106k), Zumbrota Community Trust ($106k) and Biblical Counseling Ministry Incorporated ($106k).

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 $19k against liabilities of $763, net assets of $19k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.