Loudon Fair & Associates Inc
Analysis
Loudon Fair & Associates Inc is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Loudon Fair & Associates Inc reported income of $531k and spending of $513k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $479k to $531k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 161%. Over the whole period it spent 95% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Loudon Fair & Associates Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Dillon Historic School Advocacy ($531k), Club Stride Inc ($531k) and Adair County Schools Boys and Girls Club ($531k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.7% and program service revenue 73% of the total. Other salaries and wages came to $17k. At year end it held assets of $1.3m against liabilities of $4,816, net assets of $1.3m. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.7%
- Program services 73%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dillon Historic School Advocacy | Dillon | $531k |
| Club Stride Inc | Vallejo | $531k |
| Adair County Schools Boys and Girls Club | Stilwell | $531k |
| Sam Hubbard Foundation | Cincinnati | $531k |