The 1701 Group

Analysis

The 1701 Group is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in October 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2024, The 1701 Group reported income of $2.0m and spending of $1.6m, leaving 20% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income fell from $3.6m to $2.0m (-44%), an average of -13% a year. The sharpest change came in the year to May 2022, when income rose by 102%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The 1701 Group sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NV. Charities of a similar size with the same main cause include Community Treehouse Center Detroit ($2.0m), Southwest Developmental Services Inc ($2.0m) and Hands and Feet Project Inc ($2.0m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 91% and program service revenue 3.0% of the total. At year end it held assets of $7.3m against liabilities of $41k, net assets of $7.2m.