Ink Global Foundation

Analysis

Ink Global Foundation is a registered charity in United States, based in Los Altos HLS, CA. It received its IRS tax-exemption ruling in June 2020, 6 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 December 2023, Ink Global Foundation reported income of $287k and spending of $221k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $224k to $287k (+28%), an average of +8.5% a year. The sharpest change came in the year to December 2022, when income rose by 224%. Over the whole period it spent 67% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ink Global Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Boys & Girls Club of East Williamson County ($287k), Seattle Cares Circle of the National Cares Mentoring Movement ($287k) and Taproot Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $94k. At year end it held assets of $302k against liabilities of $0, net assets of $302k.