Sknvue Corporation

Analysis

Sknvue Corporation is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sknvue Corporation reported income of $132k and spending of $52k, leaving 60% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 813%. Over the whole period it spent 136% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sknvue Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Love for Lane County ($132k), Gunner Thames Memorial Foundation ($132k) and Bob and Rita Marley Foundation Inc ($132k).

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 $28k against liabilities of $121k, net assets of -$93k.