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The Fellows Initiative

RegisteredEIN 14-1976029Vienna, VAReligion
Income$215k2023-06
Spending$219ksame year
Spent / received94%2-year average
Size in its cause67th pctReligion
Exempt since2006Publicly supported organisat
Employees4latest return

Analysis

The Fellows Initiative is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Fellows Initiative reported income of $215k and spending of $219k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $242k to $215k (-11%), an average of -11% a year. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Fellows Initiative sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Carmen Hernandez Center for Life Inc ($215k), Worklife Inc ($215k) and Northstar Community Inc ($215k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $79k (36% of expenses). Other salaries and wages came to $33k. At year end it held assets of $63k against liabilities of $5,776, net assets of $57k. It reported 4 employees.

Income and spending

$0$60k$121k$181k$242k2022 Income: $241,5692022 Spending: $210,91420222023 Income: $214,9892023 Spending: $219,4402023
IncomeSpending

Where the income comes from

  • Contributions & grants 65%
  • Program services 35%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Carmen Hernandez Center for Life IncPlainfield$215k
Worklife IncCumming$215k
Northstar Community IncN Chesterfld$215k
Apostolic Lighthouse Ministries IncBryan$215k