Fortunate Blessings Foundation Inc

Analysis

Fortunate Blessings Foundation Inc is a registered charity in United States, based in Washington, CT. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fortunate Blessings Foundation Inc reported income of $110k and spending of $89k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $17k to $110k (+548%), an average of +548% a year. The sharpest change came in the year to December 2023, when income rose by 548%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fortunate Blessings Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within CT. Charities of a similar size with the same main cause include Jade Woman de Lalonde Inc ($110k), Rose Court ($110k) and Franklin County Cancer Foundation Incorporated ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.5% of the total. At year end it held assets of $22k against liabilities of $94k, net assets of -$71k.