Shallow Ford Foundation Inc

Analysis

Shallow Ford Foundation Inc is a registered charity in United States, based in Clemmons, NC. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2023, Shallow Ford Foundation Inc reported income of $1.4m and spending of $866k, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $978k to $1.4m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2021, when income rose by 221%. Over the whole period it spent 56% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shallow Ford Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Gillespie Services Inc ($1.4m), Moore Free and Charitable Clinic Inc ($1.4m) and Grace Sober Living ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $260k. At year end it held assets of $16.2m against liabilities of $11k, net assets of $16.2m. It reported 5 employees.