S16

Analysis

S16 is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in October 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, S16 reported income of $334k and spending of $391k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $317k to $334k (+5.3%), an average of +5.3% a year. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, S16 sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include Manor Foundation ($334k), Refuah V Simcha Inc ($334k) and Kearney County Community Foundation ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $453k against liabilities of $500k, net assets of -$47k.