Foregen

Analysis

Foregen is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Foregen reported income of $358k and spending of $161k, leaving 55% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $586k to $358k (-39%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 56% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foregen sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include American Society for Peripheral Nerve ($358k), Healing House and New Beginnings ($358k) and Lettuce Work Foundation Inc ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $767k against liabilities of $45, net assets of $767k.