Fourth Man Foundation Inc

Analysis

Fourth Man Foundation Inc is a registered charity in United States, based in Beltsville, MD. It received its IRS tax-exemption ruling in February 2005, 21 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 2023, Fourth Man Foundation Inc reported income of $216k and spending of $212k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $161k to $216k (+34%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fourth Man Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Reed Construction Foundation ($216k), Chicago Engineers Foundation of the Union League Club ($216k) and Buttonwood Foundation Inc ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $124k. At year end it held assets of $128k against liabilities of $0, net assets of $128k.