Foundation to Fight H-Abc

Analysis

Foundation to Fight H-Abc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Foundation to Fight H-Abc reported income of $81k and spending of $74k, spending 91% of its income. Across the 6 years on record, from October 2019 to December 2023, income fell from $178k to $81k (-54%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foundation to Fight H-Abc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within MD. Charities of a similar size with the same main cause include Fundacion Banco de Ojos Del Leonismo Puertorriqueno ($81k), Practical Compassion Inc ($81k) and His Service Station ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $394k against liabilities of $0, net assets of $394k.