Fearless Foundation

Analysis

Fearless Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fearless Foundation reported income of $2.6m and spending of $3.9m, spending 149% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $252k to $2.6m (+931%), an average of +118% a year. The sharpest change came in the year to December 2021, when income rose by 646%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fearless Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Walker College Foundation ($2.6m), Jewish Federation of Greater Des Moines ($2.6m) and Tampa Bay Buccaneers Foundation Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $458k. At year end it held assets of $74k against liabilities of $0, net assets of $74k.