Foundry DH

Analysis

Foundry DH is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundry DH reported income of $52k and spending of $46k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $55k to $52k (-6.4%), an average of -6.4% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foundry DH sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Waterville Food Pantry ($52k), J C Care Inc ($52k) and Enumclaw Helping Hand Fund ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 92% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k.