Fikes Foundation

Analysis

Fikes Foundation is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in August 2017, 9 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 December 2023, Fikes Foundation reported income of $475k and spending of $362k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $475k (+78%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fikes Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Arc Northern Chesapeake Region Foundation Inc ($475k), Gila Community Foundation ($475k) and Atlantic Golf Club Educational Fund Inc ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $582k against liabilities of $0, net assets of $582k.