Fredericksburg Community Assn Inc

Analysis

Fredericksburg Community Assn Inc is a registered charity in United States, based in Fredericksbrg, PA. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Fredericksburg Community Assn Inc reported income of $63k and spending of $56k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $63k (-4.6%), an average of -4.6% a year. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fredericksburg Community Assn Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Foundation for Sunbeam Family Services ($63k), Formando Sonrisas En Los Ninos de Dios ($63k) and Nick Erdy Foundation Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $418k against liabilities of $0, net assets of $418k.