Fortune Fund Program

Analysis

Fortune Fund Program is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Fortune Fund Program reported income of $104k and spending of $65k, leaving 38% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $916k to $104k (-89%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 208%. Over the whole period it spent 13% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Fortune Fund Program sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within MO. Charities of a similar size with the same main cause include International Christian Resources Inc ($104k), Southern Regional Model United Nations Inc ($104k) and Chabad Lubavitch of Moscow Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $620k against liabilities of $0, net assets of $620k.