Excite Foundation

Analysis

Excite Foundation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Excite Foundation reported income of $179k and spending of $42k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $179k (+8.3%), an average of +8.3% a year. Over the whole period it spent 17% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Excite Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Kids Needs-Greater Englewood FL Inc ($179k), Senior Citizens Recreation Center of Cassia County Inc ($179k) and Center for Family Support Foundation Inc ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $342k against liabilities of $1,509, net assets of $341k.