Fiftytwofour Inc

Analysis

Fiftytwofour Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Fiftytwofour Inc reported income of $159k and spending of $174k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $159k (+14%), an average of +14% a year. Over the whole period it spent 115% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Fiftytwofour Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within ID. Charities of a similar size with the same main cause include Kosova Life Ministries ($159k), Christophes Children Inc ($159k) and Dare to Believe ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.8% of the total. At year end it held assets of $51k against liabilities of $135, net assets of $50k.