Southeast Fiber Arts Alliance Incorporated

Analysis

Southeast Fiber Arts Alliance Incorporated is a registered charity in United States, based in Chamblee, GA. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Southeast Fiber Arts Alliance Incorporated reported income of $140k and spending of $118k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $140k (+97%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southeast Fiber Arts Alliance Incorporated sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Arts Alive Inc ($140k), International Association for Cross-Cultural Psychology ($140k) and Oregon Newspapers Foundation Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Other salaries and wages came to $25k. At year end it held assets of $150k against liabilities of $287, net assets of $150k. It reported 1 employees.