Fair Foundation Inc

Analysis

Fair Foundation Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. 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 2021, Fair Foundation Inc reported income of $321k and spending of $463k, spending 144% of what it took in. Across the 3 years on record, from December 2018 to December 2021, income fell from $478k to $321k (-33%), an average of -18% a year. The sharpest change came in the year to December 2019, when income dropped by 38%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fair Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Montana Academy of Pediatric Physicians Inc ($321k), Solid Ground School ($321k) and Volunteers of America Inc ($321k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 40% of the total. Compensation of current officers, directors and key employees was $289k (62% of expenses). At year end it held assets of $26k against liabilities of $322k, net assets of -$296k.