Fearless Foundation

Analysis

Fearless Foundation is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in November 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, Fearless Foundation reported income of $60k and spending of $63k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $60k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 127% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fearless Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 18th percentile within SD. Charities of a similar size with the same main cause include Indy Network Inc ($60k), Open Door Project ($60k) and Junior League of Columbus Ga Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.