Fountain City Classic Inc

Analysis

Fountain City Classic Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in November 2005, 21 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 June 2024, Fountain City Classic Inc reported income of $707k and spending of $633k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $509k to $707k (+39%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 550%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fountain City Classic Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Minnesota Fastpitch Academy Foundation ($706k), Adams County Fair Association ($707k) and Inspire Group Inc ($706k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $595k against liabilities of $4,200, net assets of $591k.