The Federation of Defense and Corporate Counsel Foundation

Analysis

The Federation of Defense and Corporate Counsel Foundation is a registered charity in United States, based in KNG of Prussa, PA. It received its IRS tax-exemption ruling in December 1990, 36 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 September 2023, The Federation of Defense and Corporate Counsel Foundation reported income of $222k and spending of $152k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $136k to $222k (+64%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 37%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Federation of Defense and Corporate Counsel Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Christian Fidelity Foundation ($222k), Murphy-Candler Girls Softball Association Inc ($222k) and North Windham Fire Department Inc ($222k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 32% and program service revenue 52% of the total. At year end it held assets of $837k against liabilities of $12k, net assets of $825k.