Foundation for Philippine Progress

Analysis

Foundation for Philippine Progress is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Philippine Progress reported income of $334k and spending of $328k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $290k to $334k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Foundation for Philippine Progress sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Global Hope Incorporated ($334k), Great Commission - India Ministries ($334k) and Alight-Alliance to Lead Impact in Global Human Trafficking ($333k).

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 $52k against liabilities of $0, net assets of $52k.