Fairfax Futures

Analysis

Fairfax Futures is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Fairfax Futures reported income of $547k and spending of $489k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $547k (+376%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 325%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fairfax Futures sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Maine School of Science and Mathematics Foundation ($547k), Washington School Counselorassociation ($547k) and Aspire Group Inc ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $202k against liabilities of $7,559, net assets of $195k.