Foundation for Drug Policy Solutions Inc

Analysis

Foundation for Drug Policy Solutions Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Foundation for Drug Policy Solutions Inc reported income of $184k and spending of $256k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $627k to $184k (-71%), an average of -71% a year. The sharpest change came in the year to December 2023, when income dropped by 71%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Drug Policy Solutions Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Mid-Michigan Charitable Foundation ($184k), Blue Springs Baseball Inc ($184k) and Gleasons Give a Kid a Dream Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $329k against liabilities of $91k, net assets of $237k.