Fuel Freedom Foundation

Analysis

Fuel Freedom Foundation is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 December 2021, Fuel Freedom Foundation reported income of $353k and spending of $238k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $2.5m to $353k (-86%), an average of -63% a year. The sharpest change came in the year to December 2021, when income dropped by 73%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fuel Freedom Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Professional Services Council Foundation ($352k), I Can Fly International ($353k) and Wide Open Walls ($352k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $131k (55% of expenses). At year end it held assets of $168k against liabilities of $7,572, net assets of $160k. It reported 1 employees.