Fund Therapy Incorporated

Analysis

Fund Therapy Incorporated is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Fund Therapy Incorporated reported income of $137k and spending of $165k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $137k (+11%), an average of +11% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fund Therapy Incorporated sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include A Special Purpose ($137k), Iuoe Local 15 Charitable Trust ($137k) and Nexus Jamaica Ny Qalicb Inc ($136k).

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 $3,778 against liabilities of $0, net assets of $3,778.