312 Foundation

Analysis

312 Foundation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in May 2023, 3 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, 312 Foundation reported income of $275k and spending of $278k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $264k to $275k (+4.0%), an average of +4.0% a year. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 312 Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within AZ. Charities of a similar size with the same main cause include National Foundation for Human Potential Inc ($275k), Ed Nebbins Foundation ($275k) and Family Foundation of Southwest LA ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% of the total. At year end it held assets of $87k against liabilities of $59k, net assets of $27k.