Fenwick Foundation

Analysis

Fenwick Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in July 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, Fenwick Foundation reported income of $627k and spending of $582k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $317k to $627k (+98%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fenwick Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Womens Resource Center of Racine Inc ($627k), Budgit Foundation ($628k) and Hope Center of Maryland ($627k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $80k (14% of expenses). At year end it held assets of $422k against liabilities of $124k, net assets of $298k. It reported 1 employees.