Fox Foundation Inc

Analysis

Fox Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fox Foundation Inc reported income of $1.0m and spending of $813k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.0m (-7.4%), an average of -1.9% a year. The sharpest change came in the year to December 2020, when income rose by 209%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fox Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Forest Heights Lodge Inc ($1.0m), Jones Memorial Hospital Foundation ($1.0m) and Vermont Foundation of Recovery Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $178k (22% of expenses). Other salaries and wages came to $59k. At year end it held assets of $1.2m against liabilities of $232k, net assets of $963k. It reported 4 employees.