Footage Foundation Inc

Analysis

Footage Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2009, 17 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, Footage Foundation Inc reported income of $164k and spending of $143k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $227k to $164k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Footage Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Indianapolis Chinese Community Center Inc ($164k), South Shores Magnet School for the Visual and Performing Arts PTO ($164k) and Kirkland Preschool ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $56k against liabilities of $7,419, net assets of $49k.