Foundry Partners Inc

Analysis

Foundry Partners Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Foundry Partners Inc reported income of $138k and spending of $123k, spending 89% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $141k to $138k (-1.8%), an average of -1.8% a year. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundry Partners Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Valores Culturales ($138k), Forrest Ministries Inc ($138k) and Mississippi Prison Chapel Foundation Inc ($138k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,862 against liabilities of $5,604, net assets of -$3,742.