FPN Foundation

Analysis

FPN Foundation is a registered charity in United States, based in Fanwood, NJ. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, FPN Foundation reported income of $72k and spending of $45k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $72k (-3.1%), an average of -3.1% a year. Over the whole period it spent 62% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, FPN Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Utah Royal Kids ($72k), Alert Community Development Inc ($72k) and Bruin Athletic Boosters Club Inc ($72k).

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 $69k against liabilities of $0, net assets of $69k.