Passkeys Foundation

Analysis

Passkeys Foundation is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Passkeys Foundation reported income of $82k and spending of $84k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $82k (-4.2%), an average of -4.2% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Passkeys Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include The Fuller Center for Housing Inc ($82k), Virginia Congress of Parents and Teachers ($82k) and Jobs Daughters International ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 33% of the total. At year end it held assets of $201k against liabilities of $50k, net assets of $151k.