Endowment for Federation

Analysis

Endowment for Federation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Endowment for Federation reported income of $611k and spending of $854k, spending 140% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $560k to $611k (+8.9%), an average of +2.2% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Endowment for Federation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Granite Ridge ($611k), Fort Smith Childrens Emergency Shelter ($611k) and Hope Extended Inc ($611k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $13.2m against liabilities of $0, net assets of $13.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.