Focal Point Corporation

Analysis

Focal Point Corporation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Focal Point Corporation reported income of $180k and spending of $157k, spending 88% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $108k to $180k (+66%), an average of +66% a year. The sharpest change came in the year to May 2023, when income rose by 66%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Focal Point Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within MO. Charities of a similar size with the same main cause include Assumptions Inc ($180k), Montgomerys Miracles Inc ($180k) and Claires Community Inc ($179k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.