Fuse Corps is a 501(c)(3) organization based in San Francisco, California, registered in 2013, with $16,698,080 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$16.7M
▲ 147.6% vs prior year
Public Benefit median: $140K
Expenses (FY2023)
$10.0M
Net assets
$18.8M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fuse Corps— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fuse Corps: 23 mo reserves · +40% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fuse Corps— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fuse Corps: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.7M (FY2015) to $16.7M (FY2023) across 9 reported years.
Financial snapshot
Operating margin
40.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$19.5M
Total liabilities
$777K
Net assets
$18.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $16,698,080▲148% | $10,005,964▼5.9% | $18,764,392▲55.8% | $19,541,766▲55.6% | 990 |
| 2022 | $6,744,253▼48.8% | $10,637,643▲2.3% | $12,047,703▼23.9% | $12,561,733▼24.3% | 990 |
| 2021 | $13,172,227▲12.1% | $10,403,373▲4.1% | $15,837,719▲21.2% | $16,583,485▲16.8% | 990 |
| 2020 | $11,746,562▼30.6% | $9,991,514▲13.2% | $13,068,865▲15.5% | $14,198,081▲15.1% | 990 |
| 2019 | $16,923,475▲88.0% | $8,823,060▼7.2% | $11,313,817▲252% | $12,340,029▲198% | 990 |
| 2018 | $9,001,990▲11.9% | $9,508,910▲34.4% | $3,213,402▼13.6% | $4,146,005▼2.1% | 990 |
| 2017 | $8,047,977▲163% | $7,074,923▲149% | $3,720,322▲129% | $4,235,811▲97.1% | 990 |
| 2016 | $3,054,694▲76.4% | $2,844,829▲106% | $1,623,497▲14.8% | $2,149,023▲31.1% | 990 |
| 2015 | $1,731,246 | $1,381,900 | $1,413,632 | $1,638,999 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
45 grants to Fuse Corps totaling $21.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $1,500,000 |
| Silicon Valley Community Foundation | Community development | 2024 | $750,000 |
| The Community Foundation For Northeast Florida Inc | To support the second year of the fuse executive fellowship within the city of jacksonville, florida's office of resiliency. | 2024 | $20,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2023 | $1,500,000 |
| Silicon Valley Community Foundation | Community development | 2023 | $775,000 |
| Health Care Foundation of Greater Kansas City | Bolstering economic well-being through housing development | 2023 | $180,000 |
| Silicon Valley Community Foundation | Community development | 2022 | $930,000 |
| California Healthcare Foundation | One-year support for a fuse fellowship focused on health care financial harm in los angeles county | 2022 | $180,000 |
| The Community Fdn of Middle Tn Inc | For the placement of a fuse executive fellow in the metropolitangovernment of nashville and davidson county. | 2022 | $35,000 |
| Charities Aid Foundation America | Charitable donation | 2022 | $12,934 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2021 | $2,000,000 |
| Silicon Valley Community Foundation | Community development | 2021 | $811,050 |
| Greater Houston Community Foundation | Public benefit | 2021 | $147,500 |
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2021 | $6,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $7,601,000 |
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Data for Fuse Corps (EIN 27-5469219) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.