10 Billion Strong

Analysis

10 Billion Strong is a registered charity in United States, based in Portola Vally, CA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, 10 Billion Strong reported income of $104k and spending of $96k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $104k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 10 Billion Strong sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Literacy Volunteers of Cayuga County Inc ($104k), Needville Bluejay Band Boosters Inc ($104k) and Louisa Education Foundation ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $34k against liabilities of $319, net assets of $33k.