Fulfillment Fund

Analysis

Fulfillment Fund is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Fulfillment Fund reported income of $3.7m and spending of $3.2m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.7m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2022, when income rose by 87%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fulfillment Fund sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Ahrc NYC New Projects Inc ($3.7m), Shenandoah Valley Community Residences Inc ($3.7m) and Hearts with a Mission ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $225k (7.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.7m against liabilities of $247k, net assets of $6.4m. It reported 22 employees.