Fowler-Bonan Foundation

Analysis

Fowler-Bonan Foundation is a registered charity in United States, based in Harrisburg, IL. It received its IRS tax-exemption ruling in September 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, Fowler-Bonan Foundation reported income of $160k and spending of $170k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $160k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fowler-Bonan Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Auxiliary of Hospice of the Golden Isles Inc ($160k), Agriculture Implementation Research & Education ($160k) and Hozho Voices of Healing Center ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $138k against liabilities of $2,500, net assets of $136k.