Fowler-Osullivan Foundation

Analysis

Fowler-Osullivan Foundation is a registered charity in United States, based in Menifee, CA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fowler-Osullivan Foundation reported income of $86k and spending of $63k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $27k to $86k (+219%), an average of +219% a year. The sharpest change came in the year to December 2023, when income rose by 219%. Over the whole period it spent 125% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Fowler-Osullivan Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Taylor Electric Trust ($86k), The Volunteer Fire Company of the Borough of Caldwell Essex County N ($86k) and Page Ambulance Service ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.