Foundation for Public Affairs

Analysis

Foundation for Public Affairs is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1964, 62 years ago. Its declared purposes cover public and societal benefit, 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, Foundation for Public Affairs reported income of $266k and spending of $393k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $317k to $266k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 147% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Public Affairs sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 34th percentile within DC. Charities of a similar size with the same main cause include Appa-Association of Higher Education Facilities Officers ($266k), Midcoast Symphony Orchestra ($266k) and Trumbull American Little League ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $127k (32% of expenses). Other salaries and wages came to $142k. At year end it held assets of $142k against liabilities of $412k, net assets of -$270k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.