Falcon Foundation

Analysis

Falcon Foundation is a registered charity in United States, based in Usaf Academy, CO. It received its IRS tax-exemption ruling in September 1959, 67 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Falcon Foundation reported income of $1.4m and spending of $979k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $828k to $1.4m (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Falcon Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Global Citizens Initiative Inc ($1.4m), Sierra Waldorf School ($1.4m) and Muthusami Paravel Foundation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% of the total. Compensation of current officers, directors and key employees was $113k (12% of expenses). Other salaries and wages came to $102k. At year end it held assets of $30.1m against liabilities of $18k, net assets of $30.1m. It reported 2 employees.