Foundation Shelters

Analysis

Foundation Shelters is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Foundation Shelters reported income of $130k and spending of $142k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $130k (+14%), an average of +14% a year. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Foundation Shelters sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Spf-Ster-Iv ($130k), Kay Mar Way Inc ($130k) and Marysville Housing III Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $195k against liabilities of $0, net assets of $195k.