Fayette Resources Incorporated

Analysis

Fayette Resources Incorporated is a registered charity in United States, based in Uniontown, PA. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Fayette Resources Incorporated reported income of $61.8m and spending of $54.9m, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $48.7m to $61.8m (+27%), an average of +4.9% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fayette Resources Incorporated sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Legacy Treatment Services Inc ($61.8m), Valley Opportunity Council Inc ($61.9m) and Menno-Haven Inc ($61.8m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $217k (0.4% of expenses). Other salaries and wages came to $36.4m. At year end it held assets of $38.4m against liabilities of $7.0m, net assets of $31.3m. It reported 979 employees.