Fundy Community Foundation

Analysis

Fundy Community Foundation is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in March 1999, 27 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).

In the financial year ending December 2023, Fundy Community Foundation reported income of $1.2m and spending of $692k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 1300%. Over the whole period it spent 62% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Fundy Community Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile. Charities of a similar size with the same main cause include American Friends of Yeshivat Tifrach ($1.2m), Zion Orphanage Inc ($1.2m) and Kilgoris Project ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. Other salaries and wages came to $157k. At year end it held assets of $8.9m against liabilities of $654k, net assets of $8.2m.