Maria Fassi Foundation

Analysis

Maria Fassi Foundation is a registered charity in United States, based in Fayetteville, AR. 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 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, Maria Fassi Foundation reported income of $138k and spending of $101k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $97k to $138k (+43%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 299%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Maria Fassi Foundation 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 45th percentile within AR. Charities of a similar size with the same main cause include Go Two International Inc ($138k), Educational Opportunity Fund Inc ($138k) and Kevin Cain Memorial Foundation ($138k).

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 $112k against liabilities of $0, net assets of $112k.