Foundation for Social Connection

Analysis

Foundation for Social Connection is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2021, 5 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 (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, Foundation for Social Connection reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $691k to $1.4m (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Social Connection 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 83rd percentile, and in the 60th percentile within DC. Charities of a similar size with the same main cause include Lets Win Pancreatic Cancer Foundation ($1.4m), Phoenix Counseling Service Inc ($1.4m) and Osteosarcoma Institute ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $609k against liabilities of $418k, net assets of $190k.