The Foundation at Fcoe

Analysis

The Foundation at Fcoe is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in February 2010, 16 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 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 2024, The Foundation at Fcoe reported income of $1.6m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.7m to $1.6m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to June 2021, when income rose by 379%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Foundation at Fcoe sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Lees Helping Hand Foundation ($1.6m), Ronald McDonald House Charities Inc ($1.6m) and Rabbi Gary a Glickstein Foundation of Temple Bath Sholom of Miami ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $45k (2.8% of expenses). Other salaries and wages came to $191k. At year end it held assets of $1.6m against liabilities of $73k, net assets of $1.5m.