Core Foundation Inc

Analysis

Core Foundation Inc is a registered charity in United States, based in Altamonte SPG, FL. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Core Foundation Inc reported income of $186k and spending of $172k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $39k to $186k (+379%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 526%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Core Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include The Sparrows Nest ($186k), Research & Education Trust ($186k) and Community Care & Counseling of Aiken Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $377k against liabilities of $0, net assets of $377k.