Richmond Fencing Club

Analysis

Richmond Fencing Club is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Richmond Fencing Club reported income of $158k and spending of $263k, spending 167% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $158k (+3.3%), an average of +3.3% a year. Over the whole period it spent 138% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Richmond Fencing Club sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Atlantic Coast Conference Hockey League ($158k), Fort Worth All Stars FC ($158k) and Enumclaw Athletic Association ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 57% of the total. At year end it held assets of $45k against liabilities of $92k, net assets of -$47k.