Fulcrum Foundation Inc

Analysis

Fulcrum Foundation Inc is a registered charity in United States, based in Medford, WI. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Fulcrum Foundation Inc reported income of $20.9m and spending of $82.0m, spending 393% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $527k to $20.9m (+3863%), an average of +241% a year. The sharpest change came in the year to June 2022, when income rose by 4656%. Over the whole period it spent 374% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fulcrum Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Northern Cochise Community Hospital Inc ($20.9m), Village South Inc ($20.9m) and Texas Health Back Care ($20.9m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 96% of the total. At year end it held assets of $26.6m against liabilities of $7,432, net assets of $26.6m.