1907 Foundaiton International Inc

Analysis

1907 Foundaiton International Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2023, 1907 Foundaiton International Inc reported income of $327k and spending of $320k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $418k to $327k (-22%), an average of -7.9% a year. The sharpest change came in the year to June 2023, when income rose by 296%. Over the whole period it spent 125% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, 1907 Foundaiton International Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include New Salem Ambulance Service ($327k), Carolinaeast Health System Auxiliary ($327k) and Safe Coalition Incorporated ($327k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $66k. At year end it held assets of $233k against liabilities of $97k, net assets of $136k.