Mike Fretz Foundation Inc

Analysis

Mike Fretz Foundation Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in December 2020, 6 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 (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, Mike Fretz Foundation Inc reported income of $65k and spending of $15k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $65k (+113%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 29% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mike Fretz Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within OK. Charities of a similar size with the same main cause include Kelly Faughnan Foundation ($65k), Friendicoes Seca Inc ($65k) and Project Belong Foundation ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.