We Fortify

Analysis

We Fortify is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, We Fortify reported income of $674k and spending of $561k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $861k to $674k (-22%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 43% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, We Fortify sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Baldwin Senoir Living ($674k), Telacu Housing-Riverside II Inc ($674k) and City House-Delray Beach Inc ($674k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $9,000 (1.6% of expenses). Other salaries and wages came to $133k. It paid $12k in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $123k, net assets of $1.6m. It reported 5 employees.