F I D O Inc

Analysis

F I D O Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 2007, 19 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, F I D O Inc reported income of $504k and spending of $597k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $504k (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, F I D O Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Time 2 Give Inc ($504k), Goswami Education ($504k) and Chowan Perquimans Smart Start Partnership ($504k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $60k (10% of expenses). Other salaries and wages came to $169k. At year end it held assets of $521k against liabilities of $0, net assets of $521k. It reported 14 employees.