525 Foundation

Analysis

525 Foundation is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, 525 Foundation reported income of $297k and spending of $407k, spending 137% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $221k to $297k (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 208%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, 525 Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within IN. Charities of a similar size with the same main cause include Women in Thoracic Surgery Inc ($297k), Baby Health Service Inc ($297k) and Asociacion Puertorriquena de Hemofilia Inc ($297k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $60k (15% of expenses). Other salaries and wages came to $14k. At year end it held assets of $168k against liabilities of $14k, net assets of $154k. It reported 2 employees.