Funding Team

Analysis

Funding Team is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Funding Team reported income of $86k and spending of $84k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $86k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Funding Team 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 Cedar Key Arts Center Inc ($86k), Three Lakes Center for the Arts in the Northwoods Inc ($86k) and MMC Dance Team Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. At year end it held assets of $3,094 against liabilities of $0, net assets of $3,094.