FDP Foundation

Analysis

FDP Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, FDP Foundation reported income of $1.2m and spending of $809k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $851k to $1.2m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, FDP Foundation sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 58th percentile within DC. Charities of a similar size with the same main cause include Mount Bethel Christian Academy Incorporated ($1.2m), United Way of Southwest Oklahoma Inc ($1.2m) and Nextstep Recycling ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $236k (29% of expenses). Other salaries and wages came to $19k. At year end it held assets of $3.5m against liabilities of $81k, net assets of $3.4m. It reported 2 employees.