Foundation for Fraternal Excellence Inc

Analysis

Foundation for Fraternal Excellence Inc is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 August 2023, Foundation for Fraternal Excellence Inc reported income of $1.8m and spending of $1.1m, leaving 42% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $465k to $1.8m (+296%), an average of +41% a year. The sharpest change came in the year to August 2022, when income rose by 245%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Fraternal Excellence Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Career Development Center ($1.8m), Phoenix Society Inc ($1.8m) and Carrollton Booster Club ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $201k (19% of expenses). Other salaries and wages came to $80k. At year end it held assets of $4.0m against liabilities of $507k, net assets of $3.5m.