Our Fund Inc

Analysis

Our Fund Inc is a registered charity in United States, based in Wilton Manors, FL. It received its IRS tax-exemption ruling in January 2012, 14 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 June 2024, Our Fund Inc reported income of $6.0m and spending of $6.1m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $7.5m to $6.0m (-19%), an average of -5.3% a year. The sharpest change came in the year to June 2024, when income rose by 185%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Our Fund Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Community Foundation of Northwest Missouri ($6.0m), Community Foundation of Central Missouri ($6.0m) and Jewish Federation of Jacksonville Inc ($6.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $345k (5.6% of expenses). Other salaries and wages came to $187k. At year end it held assets of $24.0m against liabilities of $1.4m, net assets of $22.6m. It reported 5 employees.