Progressive Foundation Inc

Analysis

Progressive Foundation Inc is a registered charity in United States, based in Luck, WI. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Progressive Foundation Inc reported income of $78k and spending of $94k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $78k (-13%), an average of -13% a year. Over the whole period it spent 118% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Progressive Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within WI. Charities of a similar size with the same main cause include Espwa Foundation ($78k), Candlerock International ($78k) and Squankum Fire Company No 1 Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $109k against liabilities of $718, net assets of $109k.