Fountain Project Foundation

Analysis

Fountain Project Foundation is a registered charity in United States, based in El Cerrito, CA. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Fountain Project Foundation reported income of $312k and spending of $42k, leaving 87% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $73k to $312k (+324%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 311%. Over the whole period it spent 32% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fountain Project 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 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Association for Prevention Teaching and Research ($311k), Gyn Cancers Alliance ($312k) and Charity of the Eye Care Network ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Other salaries and wages came to $12k. At year end it held assets of $919k against liabilities of $0, net assets of $919k.