Five Two Foundation

Analysis

Five Two Foundation is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Five Two Foundation reported income of $118k and spending of $106k, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $249k to $118k (-53%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Five Two Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Seniorfirst Foundation Inc ($118k), Greystar Giving Inc ($118k) and Maria M Love Convalescent Fund ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.