Foundation for Research and Education in Esophageal and Foregu

Analysis

Foundation for Research and Education in Esophageal and Foregu is a registered charity in United States, based in Moorpark, CA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. 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, Foundation for Research and Education in Esophageal and Foregu reported income of $329k and spending of $298k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $329k (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 126%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Research and Education in Esophageal and Foregu sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Collier County One Hundred Club Inc ($329k), Lutheran Social Services of Central Ohio Little Brook Housing Inc ($330k) and New Madison Community Volunteer Fire Department Incorporated ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 92% of the total. Other salaries and wages came to $70k. At year end it held assets of $650k against liabilities of $0, net assets of $650k.