Support 7

Analysis

Support 7 is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. 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, Support 7 reported income of $181k and spending of $125k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $181k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Support 7 sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($181k), Little League Baseball Inc ($181k) and Christ for Me Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 114% of the total. Other salaries and wages came to $80k. It paid $13k in professional fundraising fees. At year end it held assets of $104k against liabilities of $81, net assets of $104k. It reported 1 employees.