Fletcher Place Community Center

Analysis

Fletcher Place Community Center is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 2009, 17 years ago. 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, Fletcher Place Community Center reported income of $1.5m and spending of $930k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $756k to $1.5m (+93%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fletcher Place Community Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Pittock Mansion Society ($1.5m), West Virginia Coalition Against Domestic Violence Inc ($1.5m) and Idaho Law Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $135k (15% of expenses). Other salaries and wages came to $398k. At year end it held assets of $1.3m against liabilities of $39k, net assets of $1.3m. It reported 21 employees.