Foundation for Special Needs Independence

Analysis

Foundation for Special Needs Independence is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Foundation for Special Needs Independence reported income of $370k and spending of $417k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $370k (+74%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foundation for Special Needs Independence sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Family Life Education Inc ($370k), Aocds Memorial Fund ($370k) and Alaska Research Consortium ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.