Focusing Philanthropy Inc

Analysis

Focusing Philanthropy Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Focusing Philanthropy Inc reported income of $24.6m and spending of $26.3m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.3m to $24.6m (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Focusing Philanthropy Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Omni Behavioral Health ($24.6m), Strivetogether Inc ($24.6m) and Friends of Family Health Center ($24.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $179k (0.7% of expenses). Other salaries and wages came to $262k. It paid $25k in professional fundraising fees. At year end it held assets of $8.3m against liabilities of $4.4m, net assets of $3.9m. It reported 5 employees.