Slingshot

Analysis

Slingshot is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in February 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 December 2023, Slingshot reported income of $194k and spending of $140k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $194k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Slingshot sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include We Love Birthday Parties ($194k), Lighthouse Chargers Booster Club ($194k) and Youth Empowered to Prosper Inc ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.1% of the total. At year end it held assets of $76k against liabilities of $5,119, net assets of $71k.