SG United Foundation

Analysis

SG United Foundation is a registered charity in United States, based in York, ME. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, SG United Foundation reported income of $191k and spending of $172k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $102k to $191k (+87%), an average of +87% a year. The sharpest change came in the year to June 2023, when income rose by 87%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, SG United Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 46th percentile within ME. Charities of a similar size with the same main cause include Launch Gurls ($191k), Tiny 1s Treasured Learning Center ($191k) and Hillcrest Heights Boys Club Inc ($191k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $45k against liabilities of $150, net assets of $45k.