Fund for Sustainable Empowered Development

Analysis

Fund for Sustainable Empowered Development is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in September 2003, 23 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 March 2024, Fund for Sustainable Empowered Development reported income of $57k and spending of $51k, spending 90% of its income. Across the 2 years on record, from March 2023 to March 2024, income fell from $91k to $57k (-37%), an average of -37% a year. The sharpest change came in the year to March 2024, when income dropped by 37%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Fund for Sustainable Empowered Development sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within MI. Charities of a similar size with the same main cause include Victims of Pan Am Flight 103 ($57k), S a V E Inc ($57k) and Bring Good News International Inc ($57k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.