First Things Foundation Inc

Analysis

First Things Foundation Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, First Things Foundation Inc reported income of $721k and spending of $891k, spending 124% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $339k to $721k (+113%), an average of +46% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, First Things Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Antigua International Education Foundation Inc ($720k), Tassel Inc ($722k) and Operation One ($719k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $54k (6.1% of expenses). Other salaries and wages came to $86k. At year end it held assets of $38k against liabilities of $77k, net assets of -$39k. It reported 28 employees.