Felton Institute

Analysis

Felton Institute is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in May 1945, 81 years ago. 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 June 2023, Felton Institute reported income of $61.5m and spending of $58.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $27.0m to $61.5m (+127%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Felton Institute sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Holyoke Health Center Inc ($61.4m), Comprehensive Senior Care Corporation ($61.5m) and Trillium Health Inc ($61.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $1.2m (2.0% of expenses). Other salaries and wages came to $35.1m. At year end it held assets of $31.1m against liabilities of $21.5m, net assets of $9.7m. It reported 705 employees.