Focus Inc

Analysis

Focus Inc is a registered charity in United States, based in Jonesboro, AR. It received its IRS tax-exemption ruling in February 1981, 45 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 June 2023, Focus Inc reported income of $10.7m and spending of $7.4m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.6m to $10.7m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Focus Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within AR. Charities of a similar size with the same main cause include Amvets Department of California Service Foundation ($10.7m), Navy League of the United States National Headquarters ($10.7m) and Goodwill Industries of Southeastern Michigan Inc ($10.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $218k (2.9% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $10.0m against liabilities of $386k, net assets of $9.6m. It reported 300 employees.