Martin and Alcid Foundation - a Non-Profit Organization

Analysis

Martin and Alcid Foundation - a Non-Profit Organization is a registered charity in United States, based in Canyon Cntry, CA. It received its IRS tax-exemption ruling in September 2021, 5 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, Martin and Alcid Foundation - a Non-Profit Organization reported income of $85k and spending of $29k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $3,498 to $85k (+2335%), an average of +2335% a year. The sharpest change came in the year to December 2023, when income rose by 2335%. Over the whole period it spent 49% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Martin and Alcid Foundation - a Non-Profit Organization sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include River Falls Volleyball Club Inc ($85k), Plum High School Cheerleading Boosters ($85k) and Girls Play Flag Football Inc ($85k).

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 $69k against liabilities of $0, net assets of $69k.