Foundations for Nations Inc

Analysis

Foundations for Nations Inc is a registered charity in United States, based in Riverton, WY. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Foundations for Nations Inc reported income of $699k and spending of $459k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $365k to $699k (+92%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 180%. Over the whole period it spent 55% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundations for Nations Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within WY. Charities of a similar size with the same main cause include West Coast Torah Retreat and Camp Center Inc ($699k), Immanuel Manor Inc ($699k) and Hillel the Foundation for Jewish Campus Life ($699k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $82k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.