Frederick Douglass Familyfoundation Inc

Analysis

Frederick Douglass Familyfoundation Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Frederick Douglass Familyfoundation Inc reported income of $172k and spending of $164k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $198k to $172k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Frederick Douglass Familyfoundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Taos Historic Museums Inc ($171k), Chelsea Music Festival Corporation ($172k) and Arts Hancock County Mississippi ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. At year end it held assets of $73k against liabilities of $41k, net assets of $32k.