Fortify Inc

Analysis

Fortify Inc is a registered charity in United States, based in Belfast, ME. It received its IRS tax-exemption ruling in November 2015, 11 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 2023, Fortify Inc reported income of $1.5m and spending of $1.6m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.5m (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2021, when income rose by 802%. Over the whole period it spent 83% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Fortify Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within ME. Charities of a similar size with the same main cause include Buyamba Inc ($1.5m), Global Distribution Fund Inc ($1.5m) and Uganda Counseling and Support Services Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $196k (12% of expenses). Other salaries and wages came to $817k. At year end it held assets of $3.0m against liabilities of $98k, net assets of $2.9m. It reported 3 employees.