Foundations Health and Wholeness Inc
Analysis
Foundations Health and Wholeness Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in December 1965, 61 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, Foundations Health and Wholeness Inc reported income of $6.8m and spending of $7.4m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $6.8m (+91%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 98% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundations Health and Wholeness Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Tech Goes Home Incorporated ($6.8m), National Childrens Chorus ($6.8m) and Jobforward Inc ($6.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $387k (5.2% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $8.0m against liabilities of $1.1m, net assets of $7.0m. It reported 73 employees.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 83%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tech Goes Home Incorporated | Boston | $6.8m |
| National Childrens Chorus | Glendale | $6.8m |
| Jobforward Inc | Williston | $6.8m |
| Catholic Charities of Central Texas | Austin | $6.8m |