Fairview Foundation

Analysis

Fairview Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fairview Foundation reported income of $738k and spending of $3.4m, spending 456% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.9m to $738k (-89%), an average of -43% a year. The sharpest change came in the year to December 2022, when income rose by 147%. Over the whole period it spent 188% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fairview Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Operation Walk Chicago ($738k), Society for Melanoma Research Ltd ($738k) and A Hope for Autism Foundation ($738k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $15.4m against liabilities of $275k, net assets of $15.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.