Sevynteenth Foundation

Analysis

Sevynteenth Foundation is a registered charity in United States, based in Lyndhurst, OH. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sevynteenth Foundation reported income of $118k and spending of $133k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $118k (+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 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sevynteenth Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Magura Cultural Center NFP ($118k), Hope International Inc ($118k) and Next Vista for Learning ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $1 against liabilities of $15k, net assets of -$15k.