Foundation for Government Accountability Inc

Analysis

Foundation for Government Accountability Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Foundation for Government Accountability Inc reported income of $16.0m and spending of $15.3m, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $10.6m to $16.0m (+51%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Government Accountability Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Spero Academy ($16.0m), New Mexico Community Trust ($16.0m) and Western Connecticut Health Network Inc ($16.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $1.7m (11% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $15.1m against liabilities of $730k, net assets of $14.4m. It reported 64 employees.