Fountain Blues Foundation

Analysis

Fountain Blues Foundation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 2015, 11 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, Fountain Blues Foundation reported income of $119k and spending of $139k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $119k (-7.6%), an average of -7.6% a year. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fountain Blues Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Marys House at Silver Heels Inc ($119k), St Bonaventure Outreach Corp ($119k) and Quad Cities Missing Persons Network ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.