Foot Locker Foundation Inc

Analysis

Foot Locker Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 January 2024, Foot Locker Foundation Inc reported income of $1.3m and spending of $3.3m, spending 252% of what it took in. Across the 6 years on record, from February 2019 to January 2024, income fell from $1.4m to $1.3m (-6.0%), an average of -1.2% a year. The sharpest change came in the year to January 2022, when income rose by 284%. Over the whole period it spent 96% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Foot Locker Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Bexar County Esd 5 Fire and Rescue ($1.3m), Hanover Township Volunteer Fire Co ($1.3m) and McDowell County Fire Commission ($1.3m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.4m against liabilities of $5,000, net assets of $2.4m.