2xtreme Foundation Inc

Analysis

2xtreme Foundation Inc is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, 2xtreme Foundation Inc reported income of $67k and spending of $104k, spending 155% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $67k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 139% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 2xtreme Foundation Inc 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 26th percentile, and in the 23rd percentile within CO. Charities of a similar size with the same main cause include Homeless Paradise ($67k), Hearts for Haiti Inc ($67k) and Lewellen Tiger Den ($67k).

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 $76k against liabilities of $102, net assets of $76k.