Fuse Christian Concerts Inc
Analysis
Fuse Christian Concerts Inc is a registered charity in United States, based in Raynham, MA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, Fuse Christian Concerts Inc reported income of $97k and spending of $91k, spending 93% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $116k to $97k (-16%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 95% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Fuse Christian Concerts Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Shomrei Hakotel - the Jewish Heritage Preservation Society Inc ($97k), Legacy Institute ($97k) and Youth Striving for Excellence ($97k).
On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 75%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Shomrei Hakotel - the Jewish Heritage Preservation Society Inc | Inwood | $97k |
| Legacy Institute | Monrovia | $97k |
| Youth Striving for Excellence | Memphis | $97k |
| Heartstone Foundation | Richmond | $97k |