Fond du Lac Area Foundation

Analysis

Fond du Lac Area Foundation is a registered charity in United States, based in Fond du Lac, WI. It received its IRS tax-exemption ruling in February 1976, 50 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 2023, Fond du Lac Area Foundation reported income of $5.4m and spending of $3.7m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $5.4m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fond du Lac Area Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Nantucket Boys & Girls Club Inc ($5.4m), National Eating Disorders Association ($5.4m) and St Helena Montessori School Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $186k (5.1% of expenses). Other salaries and wages came to $265k. At year end it held assets of $68.1m against liabilities of $6.0m, net assets of $62.1m. It reported 7 employees.