1854 Foundation

Analysis

1854 Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2021, 5 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, 1854 Foundation reported income of $269k and spending of $171k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $45k to $269k (+491%), an average of +143% a year. The sharpest change came in the year to December 2022, when income rose by 303%. Over the whole period it spent 43% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 1854 Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Horses of Hope Missouri Inc ($269k), St Mary Advocates Inc ($269k) and Goodwill Endowment Inc ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $284k against liabilities of $0, net assets of $284k.