John E Fogarty Foundation for Persons with Intellectual and Deve

Analysis

John E Fogarty Foundation for Persons with Intellectual and Deve is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in March 1965, 61 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 2022, John E Fogarty Foundation for Persons with Intellectual and Deve reported income of $359k and spending of $366k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $331k to $359k (+8.4%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 444%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, John E Fogarty Foundation for Persons with Intellectual and Deve 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 65th percentile, and in the 61st percentile within RI. Charities of a similar size with the same main cause include Mental Health Association in Essex County Holding Corporation ($359k), Peninsula Community Foundation ($359k) and Freedom From Hunger ($359k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $41k (11% of expenses). At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.