Ft Cares Foundation

Analysis

Ft Cares Foundation is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ft Cares Foundation reported income of $823k and spending of $817k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $441k to $823k (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ft Cares Foundation 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 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Grandview Care Inc ($823k), Violence Free Crisis Line ($823k) and Pennsylvania Council of Children Youth and Family Services ($823k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $125k against liabilities of $19k, net assets of $105k.