Proliferate Foundation Inc

Analysis

Proliferate Foundation Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Proliferate Foundation Inc reported income of $72k and spending of $12k, leaving 83% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $228k to $72k (-69%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 6.8% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Proliferate Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Interregnum Foundation Inc ($72k), Double Honor Ministries ($72k) and First Love People ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $630k against liabilities of $0, net assets of $630k.