Tony Finau Foundation

Analysis

Tony Finau Foundation is a registered charity in United States, based in Lehi, UT. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Tony Finau Foundation reported income of $255k and spending of $505k, spending 198% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $453k to $255k (-44%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 230%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tony Finau Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within UT. Charities of a similar size with the same main cause include Baileyville Benefit Group Inc ($255k), Chiloquin Visions in Progress ($255k) and Love in the Name of Christ of Yakima ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 177% of the total. Compensation of current officers, directors and key employees was $81k (16% of expenses). At year end it held assets of $1.3m against liabilities of $2,814, net assets of $1.3m.