Four Corners Foundation Inc

Analysis

Four Corners Foundation Inc is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Four Corners Foundation Inc reported income of $502k and spending of $442k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $486k to $502k (+3.5%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Four Corners Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NM. Charities of a similar size with the same main cause include Quilts for Kids Inc ($502k), Best S T E P Forward ($502k) and Sin Barreras Without Barriers Inc ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $9,846. At year end it held assets of $2.7m against liabilities of $190k, net assets of $2.5m. It reported 2 employees.