Elizabeth H Faulk Foundation Inc

Analysis

Elizabeth H Faulk Foundation Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in December 1972, 54 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Elizabeth H Faulk Foundation Inc reported income of $1.4m and spending of $1.6m, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.4m (+19%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 113%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elizabeth H Faulk Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Mederi Foundation ($1.4m), Delancey Street/New Mexico Inc ($1.4m) and Healthy Living & Fitness ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $146k (8.8% of expenses). Other salaries and wages came to $668k. At year end it held assets of $1.1m against liabilities of $75k, net assets of $982k. It reported 18 employees.