Front Row Foundation Corp

Analysis

Front Row Foundation Corp is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Front Row Foundation Corp reported income of $57k and spending of $136k, spending 238% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $321k to $57k (-82%), an average of -35% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Front Row Foundation Corp sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Friends of Camp Celo Inc ($57k), Nellie Prather Foundation ($57k) and YMCA Foundation of Valparaiso in Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $2,462, net assets of $21k.