Firm Foundations Romania

Analysis

Firm Foundations Romania is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in October 2010, 16 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, Firm Foundations Romania reported income of $413k and spending of $256k, leaving 38% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $282k to $413k (+47%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 40% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Firm Foundations Romania sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Boon Sports Management ($413k), See Stories ($414k) and We Care of Los Alamitos Inc ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $152k (59% of expenses). It paid $41k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $20, net assets of $1.4m. It reported 2 employees.