Fundamentals First Academy Inc

Analysis

Fundamentals First Academy Inc is a registered charity in United States, based in Daly City, CA. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Fundamentals First Academy Inc reported income of $152k and spending of $127k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $152k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fundamentals First Academy Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Nashville BMX Association Inc ($152k), Northeast Bandits Youth Football Inc ($152k) and United States Bowling Congress Inc ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.