Fathership Foundation Inc

Analysis

Fathership Foundation Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fathership Foundation Inc reported income of $124k and spending of $99k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $124k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fathership Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Independence Cay Inc ($124k), Memphis YMCA Support Corporation ($124k) and Pueblo Community Soup Kitchen Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.