Front Porch Investments

Analysis

Front Porch Investments is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Front Porch Investments reported income of $5.4m and spending of $8.5m, spending 158% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $58.6m to $5.4m (-91%), an average of -91% a year. The sharpest change came in the year to December 2023, when income dropped by 91%. Over the whole period it spent 22% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Front Porch Investments sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within NE. Charities of a similar size with the same main cause include United Way of Larimer County Inc ($5.4m), Waterstone Real Estate Foundation ($5.4m) and United Way of the Virginia Peninsula ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $50.1m against liabilities of $101k, net assets of $50.0m.