Foundation of the Federal Bar Association

Analysis

Foundation of the Federal Bar Association is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in October 1961, 65 years ago. 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 September 2023, Foundation of the Federal Bar Association reported income of $2.8m and spending of $541k, leaving 81% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $219k to $2.8m (+1189%), an average of +90% a year. The sharpest change came in the year to September 2021, when income rose by 309%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation of the Federal Bar Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include National Senior Games Association Inc ($2.8m), Independent School Association of the Central States Inc ($2.8m) and Meals on Wheels Inc ($2.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $4.4m against liabilities of $3,500, net assets of $4.4m.