Frankie V Polletta Charitable Foundation

Analysis

Frankie V Polletta Charitable Foundation is a registered charity in United States, based in Algonquin, IL. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Frankie V Polletta Charitable Foundation reported income of $184k and spending of $107k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $186k to $184k (-1.3%), an average of -1.3% a year. Over the whole period it spent 44% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Frankie V Polletta Charitable Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Parkinsons Disease Research and Education Institute ($184k), Journey Home Inc ($184k) and Adelphoi Services Inc ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $406k against liabilities of $0, net assets of $406k.