Foundation Properties Charitable TR

Analysis

Foundation Properties Charitable TR is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in December 2022, 4 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation Properties Charitable TR reported income of $3.3m and spending of $3.8m, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $931k to $3.3m (+252%), an average of +252% a year. The sharpest change came in the year to December 2023, when income rose by 252%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation Properties Charitable TR sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Eli and Bessie Cohen Camps of Massachusetts Inc ($3.3m), Steiger International Ltd ($3.3m) and Family and Community Christian Association ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.