Secured Finance Foundation

Analysis

Secured Finance Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1990, 36 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 September 2023, Secured Finance Foundation reported income of $760k and spending of $651k, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $344k to $760k (+121%), an average of +22% a year. The sharpest change came in the year to September 2022, when income rose by 46%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Secured Finance Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Cambrian Educational Foundation ($760k), Eat Better Live Better Inc ($760k) and Childrens Vision Services ($760k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% and program service revenue 39% of the total. At year end it held assets of $541k against liabilities of $197k, net assets of $344k.