Fisher House Foundation Inc

Analysis

Fisher House Foundation Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in September 1993, 33 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, Fisher House Foundation Inc reported income of $57.1m and spending of $42.9m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $59.1m to $57.1m (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fisher House Foundation Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Catholic Charities Diocese of Trenton ($57.1m), Some Inc ($57.1m) and Menlo College ($56.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $1.8m (4.2% of expenses). Other salaries and wages came to $2.7m. It paid $30k in professional fundraising fees. At year end it held assets of $105.6m against liabilities of $8.1m, net assets of $97.5m. It reported 38 employees.