Five-Os Tiki Foundation Inc

Analysis

Five-Os Tiki Foundation Inc is a registered charity in United States, based in Ashland, VA. It received its IRS tax-exemption ruling in November 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 (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, Five-Os Tiki Foundation Inc reported income of $1.1m and spending of $1.1m, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $593k to $1.1m (+79%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Five-Os Tiki Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Thisisplace Foundation ($1.1m), Sar Foundation Inc ($1.1m) and Can Do Community Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $167k (15% of expenses). Other salaries and wages came to $53k. At year end it held assets of $443k against liabilities of $522k, net assets of -$79k.