Family Security Plan Foundation Inc

Analysis

Family Security Plan Foundation Inc is a registered charity in United States, based in Orange, CT. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Family Security Plan Foundation Inc reported income of $51k and spending of $28k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $51k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Family Security Plan Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within CT. Charities of a similar size with the same main cause include Nathalie & Theodore Jones Char TR Fbo Unitarian Universalist Assoc ($51k), Zichron Avrohom Yosef Foundation ($51k) and Burkinas Promise Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.