FWCS Foundation Inc

Analysis

FWCS Foundation Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in December 1993, 33 years ago. 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, FWCS Foundation Inc reported income of $822k and spending of $755k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $422k to $822k (+95%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, FWCS Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Five Star Senior Center Inc ($822k), St Petersburg Historical Society ($822k) and New Hartford Volunteer Ambulance Association Inc ($822k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.