Foba Foundation Inc

Analysis

Foba Foundation Inc is a registered charity in United States, based in Bartlett, IL. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Foba Foundation Inc reported income of $72k and spending of $70k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $72k (-13%), an average of -14% a year. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Foba Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Celebrate Differences NFP ($72k), Navigate the Maze to Achievement ($72k) and Tempo Youth Services Inc ($72k).

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 $1 against liabilities of $0, net assets of $1.