Fisher House Foundation Inc
Fisher House Foundation consistently directs a high percentage of spending to programs with zero reported officer compensation.
EIN: 113158401 · Rockville, MD · NTEE: Z99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $71.2M |
| Total Expenses | $42.9M |
| Program Spending | 89% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $97.5M |
| Transparency Score | 95/100 |
Is Fisher House Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fisher House Foundation Inc directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fisher House Foundation Inc
Fisher House Foundation Inc (EIN: 113158401) is a nonprofit organization based in Rockville, MD, classified under NTEE code Z99Z. The organization reported total revenue of $71.2M and total assets of $107.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fisher House Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fisher House Foundation Inc is a major nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57.1M |
| Total Expenses | $42.9M |
| Surplus / Deficit | +$14.2M |
| Total Assets | $105.6M |
| Total Liabilities | $8.1M |
| Net Assets | $97.5M |
| Operating Margin | 24.9% |
| Debt-to-Asset Ratio | 7.7% |
| Months of Reserves | 29.6 months |
Financial Health Grade: A
In 2023, Fisher House Foundation Inc reported a surplus of $14.2M with revenue exceeding expenses, holds 29.6 months of operating reserves (strong position), has a debt-to-asset ratio of 7.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fisher House Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | +6.7% | +19.7% |
| 2022 | +11.2% | +66.3% | +25.9% |
| 2021 | +4.6% | -62.6% | +50.9% |
| 2020 | -20.6% | -20.4% | -32.0% |
| 2019 | +9.6% | +57.0% | -25.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fisher House Foundation Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 89%
- fundraising: 3%
According to IRS 990 filings, Fisher House Foundation Inc allocates its expenses as follows: admin: 8%, programs: 89%, fundraising: 3%. With 89% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.7%.
Executive Compensation Analysis
Fisher House Foundation Inc consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization with annual revenues exceeding $50 million and assets over $100 million. This suggests that key leadership roles may be volunteer-based or compensated through mechanisms not categorized as officer compensation, indicating a strong commitment to minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Fisher House Foundation Inc:
- High program spending ratio (89% in 2023)
- Consistent reporting of 0% officer compensation
- Strong and growing asset base ($105,633,147 in 2023)
- Consistent revenue generation (e.g., $57,073,979 in 2023)
- Low liabilities relative to assets
Frequently Asked Questions about Fisher House Foundation Inc
Is Fisher House Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fisher House Foundation Inc (EIN: 113158401) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Fisher House Foundation Inc spend its money?
Fisher House Foundation Inc directs 89% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fisher House Foundation Inc tax-deductible?
Fisher House Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113158401). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fisher House Foundation Inc CEO make?
Fisher House Foundation Inc's highest-compensated officer earns $50 annually. The organization reported $71.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fisher House Foundation Inc's spending goes to programs?
Fisher House Foundation Inc directs 89% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fisher House Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Fisher House Foundation Inc is above average for NTEE category Z99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fisher House Foundation Inc located?
Fisher House Foundation Inc is headquartered in Rockville, Maryland and files with the IRS under EIN 113158401. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Fisher House Foundation Inc have?
Fisher House Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $71.2M in total revenue.
Is Fisher House Foundation Inc a good charity?
Yes, Fisher House Foundation Inc appears to be a very good charity. It consistently dedicates a high percentage of its expenses to program services (89% in 2023), maintains strong financial health with growing assets ($105,633,147 in 2023), and reports 0% officer compensation, indicating efficient use of funds and strong donor trust.
How does Fisher House Foundation Inc manage its finances?
The organization manages its finances effectively, demonstrating consistent revenue generation (e.g., $57,073,979 in 2023) and significant asset growth. While there have been years where expenses exceeded revenue, the overall trend shows a healthy balance sheet with low liabilities relative to assets, indicating sound financial stewardship.
What is the trend in Fisher House Foundation Inc's assets?
Fisher House Foundation Inc has shown a strong upward trend in its assets, growing from $80,011,878 in 2014 to $105,633,147 in 2023, indicating robust financial growth and stability over the past decade.
Filing History
IRS 990 filing history for Fisher House Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fisher House Foundation Inc's revenue has grown by 61.2%, moving from $35.4M to $57.1M. Total assets increased by 212.7% over the same period, from $33.8M to $105.6M. Total functional expenses fell by 18.9%, from $52.8M to $42.9M. In its most recent filing year (2023), Fisher House Foundation Inc reported a surplus of $14.2M, with revenue exceeding expenses. The organization holds $8.1M in liabilities against $105.6M in assets (debt-to-asset ratio: 7.7%), resulting in net assets of $97.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57.1M | $42.9M | $105.6M | $8.1M | — | View 990 |
| 2022 | $54.6M | $40.2M | $88.3M | $5.3M | — | — |
| 2021 | $49.1M | $24.2M | $70.1M | $1.7M | — | View 990 |
| 2020 | $46.9M | $64.6M | $46.5M | $3.1M | — | — |
| 2019 | $59.1M | $81.2M | $68.3M | $7.3M | — | View 990 |
| 2018 | $53.9M | $51.7M | $91.8M | $8.7M | — | View 990 |
| 2017 | $53.2M | $53.3M | $86.5M | $5.9M | — | View 990 |
| 2016 | $51.2M | $71.1M | $90.3M | $9.9M | — | View 990 |
| 2015 | $51.6M | $50.8M | $97.7M | $8.5M | — | View 990 |
| 2014 | $55.6M | $41.2M | $80.0M | $5.6M | — | View 990 |
| 2013 | $60.0M | $46.4M | $64.6M | $5.0M | — | View 990 |
| 2012 | $48.9M | $34.5M | $50.4M | $4.4M | — | View 990 |
| 2011 | $35.4M | $52.8M | $33.8M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57.1M, expenses of $42.9M, and assets of $105.6M (revenue +4.6% year-over-year).
- 2022: Revenue of $54.6M, expenses of $40.2M, and assets of $88.3M (revenue +11.2% year-over-year).
- 2021: Revenue of $49.1M, expenses of $24.2M, and assets of $70.1M (revenue +4.6% year-over-year).
- 2020: Revenue of $46.9M, expenses of $64.6M, and assets of $46.5M (revenue -20.6% year-over-year).
- 2019: Revenue of $59.1M, expenses of $81.2M, and assets of $68.3M (revenue +9.6% year-over-year).
- 2018: Revenue of $53.9M, expenses of $51.7M, and assets of $91.8M (revenue +1.2% year-over-year).
- 2017: Revenue of $53.2M, expenses of $53.3M, and assets of $86.5M (revenue +4.1% year-over-year).
- 2016: Revenue of $51.2M, expenses of $71.1M, and assets of $90.3M (revenue -0.9% year-over-year).
- 2015: Revenue of $51.6M, expenses of $50.8M, and assets of $97.7M (revenue -7.1% year-over-year).
- 2014: Revenue of $55.6M, expenses of $41.2M, and assets of $80.0M (revenue -7.3% year-over-year).
- 2013: Revenue of $60.0M, expenses of $46.4M, and assets of $64.6M (revenue +22.6% year-over-year).
- 2012: Revenue of $48.9M, expenses of $34.5M, and assets of $50.4M (revenue +38.2% year-over-year).
- 2011: Revenue of $35.4M, expenses of $52.8M, and assets of $33.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fisher House Foundation Inc:
Data Sources and Methodology
This transparency report for Fisher House Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.