Fundsy Incorporated

Analysis

Fundsy Incorporated is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in April 1968, 58 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, Fundsy Incorporated reported income of $415k and spending of $412k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $45k to $415k (+815%), an average of +56% a year. The sharpest change came in the year to June 2024, when income rose by 1227%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fundsy Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within ID. Charities of a similar size with the same main cause include Foundation for Legacy Planning Inc ($415k), Perry County Cancer Alliance Inc ($415k) and United Way of Fostoria Ohio Inc ($414k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.8% of the total. At year end it held assets of $98k against liabilities of $4,785, net assets of $93k.