Fabretto Childrens Foundation Inc

Analysis

Fabretto Childrens Foundation Inc is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in December 1993, 33 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 December 2023, Fabretto Childrens Foundation Inc reported income of $3.4m and spending of $2.9m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $3.4m (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2023, when income rose by 520%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Fabretto Childrens Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Junior Achievement of Memphis and the Mid-South ($3.4m), American Friends of Nishmat ($3.4m) and Advocates for Africa Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $183k (6.2% of expenses). Other salaries and wages came to $49k. At year end it held assets of $1.8m against liabilities of $129k, net assets of $1.7m. It reported 5 employees.