Farmington Players Inc

Analysis

Farmington Players Inc is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in March 1958, 68 years ago. 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 June 2023, Farmington Players Inc reported income of $217k and spending of $189k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $199k to $217k (+9.3%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 1808%. Over the whole period it spent 138% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Farmington Players Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Labor Guild of the Archdiocese of Boston ($217k), Tennessee Senior Games Inc ($217k) and Alexandria Baseball Inc ($217k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.