Jane and Arthur Flippo Endowment Foundation

Analysis

Jane and Arthur Flippo Endowment Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jane and Arthur Flippo Endowment Foundation reported income of $221k and spending of $115k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $221k (+100%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 385%. Over the whole period it spent 29% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jane and Arthur Flippo Endowment Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Rauch Foundation Inc ($221k), Sam Foundation Inc ($221k) and Krewe of Amalee Inc ($221k).

At year end it held assets of $13.4m against liabilities of $0, net assets of $13.4m.