Fusion Color Guard Inc

Analysis

Fusion Color Guard Inc is a registered charity in United States, based in Succasunna, NJ. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Fusion Color Guard Inc reported income of $150k and spending of $120k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income fell from $186k to $150k (-19%), an average of -5.3% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fusion Color Guard Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Teays Valley Choir Boosters ($150k), Tri-State Center for the Arts Inc ($150k) and Color Me Empowered ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.