21 Progress Fund

Analysis

21 Progress Fund is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, 21 Progress Fund reported income of $618k and spending of $60k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $107k to $618k (+478%), an average of +478% a year. The sharpest change came in the year to December 2020, when income rose by 478%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 21 Progress Fund sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Brighter Vision Foundation ($618k), Puerta Abierta Preschool ($618k) and Afa Schriever Chapter 147 Los Angeles ($617k).

At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.