Five Points Foundation Inc

Analysis

Five Points Foundation Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in June 2012, 14 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 June 2024, Five Points Foundation Inc reported income of $2.1m and spending of $1.8m, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $850k to $2.1m (+150%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 238%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Five Points Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within SC. Charities of a similar size with the same main cause include Omega Residential ($2.1m), Peer Services Inc ($2.1m) and GBMC Healthcare Inc ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $79k (4.4% of expenses). Other salaries and wages came to $224k. At year end it held assets of $805k against liabilities of $8,301, net assets of $797k. It reported 6 employees.