FDRLST Media Foundation

Analysis

FDRLST Media Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, FDRLST Media Foundation reported income of $1.9m and spending of $1.7m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $799k to $1.9m (+134%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, FDRLST Media Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 66th percentile within DC. Charities of a similar size with the same main cause include Heights Hill Mental Health Serivce ($1.9m), Los Altos Mountain View Childrens Corner Inc ($1.9m) and Leadership Program of the Rockies ($1.9m).

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 $7.0m against liabilities of $500k, net assets of $6.5m.