Thedacare Family of Foundations Inc

Analysis

Thedacare Family of Foundations Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in September 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 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, Thedacare Family of Foundations Inc reported income of $6.2m and spending of $3.2m, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $6.2m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 301%. Over the whole period it spent 120% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Thedacare Family of Foundations Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Ninos Latinos Unidos Foster Family Agency ($6.2m), The New York Times Communities Fund ($6.2m) and United Jewish Fed Endow FD TR Rev 63418202 ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $969k. At year end it held assets of $64.6m against liabilities of $1.6m, net assets of $63.0m.