Full Life Foundation

Analysis

Full Life Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Full Life Foundation reported income of $323k and spending of $58k, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $385k to $323k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2020, when income dropped by 64%. Over the whole period it spent 32% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Full Life Foundation 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 61st percentile within NM. Charities of a similar size with the same main cause include St Theresa House Inc ($323k), Robins Home Inc ($323k) and Lorenzo Farm Housing Association Inc ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $7.2m against liabilities of $0, net assets of $7.2m.