Simisleighs Foundation Inc

Analysis

Simisleighs Foundation Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 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, Simisleighs Foundation Inc reported income of $92k and spending of $31k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $92k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 21% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Simisleighs Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Pendleton Swim Club ($92k), Community Educational Support Systems of Mississippi ($92k) and Future Leaders of Tomorrow Inc ($92k).

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 $126k against liabilities of $0, net assets of $126k.