Fellowship Cup Corporation

Analysis

Fellowship Cup Corporation is a registered charity in United States, based in Mt Pleasant, IA. It received its IRS tax-exemption ruling in October 1988, 38 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, Fellowship Cup Corporation reported income of $576k and spending of $522k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $576k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fellowship Cup Corporation sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within IA. Charities of a similar size with the same main cause include Trust Project ($576k), South Carolina Council on Economic Education ($576k) and Tri State Broadcasting Assn Inc ($576k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $59k (11% of expenses). Other salaries and wages came to $198k. At year end it held assets of $902k against liabilities of $1,035, net assets of $901k. It reported 20 employees.