Foxfire Fund Inc

Analysis

Foxfire Fund Inc is a registered charity in United States, based in Mountain City, GA. It received its IRS tax-exemption ruling in May 1969, 57 years ago. 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 2022, Foxfire Fund Inc reported income of $631k and spending of $540k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $815k to $631k (-23%), an average of -8.2% a year. The sharpest change came in the year to December 2020, when income dropped by 50%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foxfire Fund Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Saint John Xiii Housing Inc ($631k), Dangerous Goods Advisory Council ($631k) and Annas House ($631k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 17% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $63k (12% of expenses). Other salaries and wages came to $239k. At year end it held assets of $3.6m against liabilities of $24k, net assets of $3.6m. It reported 20 employees.