A J Fletcher Foundation

Analysis

A J Fletcher Foundation is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 1975, 51 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A J Fletcher Foundation reported income of $6.1m and spending of $8.1m, spending 133% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $42.8m to $6.1m (-86%), an average of -32% a year. The sharpest change came in the year to December 2020, when income rose by 114%. Over the whole period it spent 23% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, A J Fletcher Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Flying T Nil Inc ($6.1m), The Center for Cultural Power ($6.1m) and Centre County Community Foundation Inc ($6.0m).

Compensation of current officers, directors and key employees was $253k (3.1% of expenses). Other salaries and wages came to $171k. At year end it held assets of $263.8m against liabilities of $47k, net assets of $263.8m. It reported 6 employees.