SFM Foundation

Analysis

SFM Foundation is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, SFM Foundation reported income of $466k and spending of $304k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $343k to $466k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, SFM Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Colorado Association of Stormwater ($466k), Orcas Island Childrens House ($466k) and New Jersey Resource Project ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.2m against liabilities of $677k, net assets of $533k.