Fedco Charitable Foundation

Analysis

Fedco Charitable Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fedco Charitable Foundation reported income of $51k and spending of $452k, spending 879% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $375k to $51k (-86%), an average of -39% a year. The sharpest change came in the year to June 2021, when income rose by 128%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fedco Charitable Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Paragon Films for Christ Charitable Trust ($51k), Imrei Yosef ($51k) and United Court of Austin Inc ($51k).

At year end it held assets of $7.3m against liabilities of $150k, net assets of $7.2m.