7uice Foundation Inc

Analysis

7uice Foundation Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in August 2022, 4 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, 7uice Foundation Inc reported income of $243k and spending of $277k, spending 114% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income grew from $86k to $243k (+182%), an average of +68% a year. The sharpest change came in the year to August 2022, when income rose by 145%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, 7uice Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Pelham Together Inc ($243k), Horizons-South Arkansas ($243k) and Kevin Brown Memorial Tournament of Champions Inc ($243k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% of the total. It paid $18k in professional fundraising fees. At year end it held assets of $12k against liabilities of $0, net assets of $12k.