Foundation for Alcoholism Research Inc

Analysis

Foundation for Alcoholism Research Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2008, 18 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 December 2023, Foundation for Alcoholism Research Inc reported income of $83k and spending of $24k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $83k (+11%), an average of +11% a year. Over the whole period it spent 42% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Alcoholism Research Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include National Federation of the Blind of Utah ($83k), Rehab and Beyond Inc ($83k) and Trailseekers of Central Washington Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $200k against liabilities of $0, net assets of $200k.