A Foundation Building Strength Inc

Analysis

A Foundation Building Strength Inc is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover medical research, 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 December 2023, A Foundation Building Strength Inc reported income of $1.5m and spending of $907k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $441k to $1.5m (+232%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 211%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A Foundation Building Strength 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 84th percentile within CA. Charities of a similar size with the same main cause include Dalton-Whitfield Additional TR ($1.5m), Health Policy Institute of Ohio ($1.5m) and Receptions for Research - the Greg Olsen Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $101k. At year end it held assets of $3.5m against liabilities of $186k, net assets of $3.3m.