Fletcher Foundation Inc

Analysis

Fletcher Foundation Inc is a registered charity in United States, based in Ankeny, IA. It received its IRS tax-exemption ruling in August 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 June 2024, Fletcher Foundation Inc reported income of $55k and spending of $46k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $50k to $55k (+10%), an average of +10% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fletcher Foundation Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IA. Charities of a similar size with the same main cause include Fish Choice Pantry ($55k), Wachusett Food Pantry Inc ($55k) and Brooklyn Arab American Friendship Center ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 82% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.