Black Fairy Godmother Foundation

Analysis

Black Fairy Godmother Foundation is a registered charity in United States, based in Fort Lee, NJ. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Black Fairy Godmother Foundation reported income of $601k and spending of $606k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $158k to $601k (+281%), an average of +95% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Black Fairy Godmother Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Monongalia County Society for Disabled Children and Adults ($601k), Chester Eastside Inc ($601k) and Glebe of Richmond ($600k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $1,006, net assets of -$1,005.