Fourche Valley Charitable Trust

Analysis

Fourche Valley Charitable Trust is a registered charity in United States, based in Potosi, MO. It received its IRS tax-exemption ruling in July 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fourche Valley Charitable Trust reported income of $235k and spending of $268k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $235k (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fourche Valley Charitable Trust sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within MO. Charities of a similar size with the same main cause include Ramsey Ambulance Corps Harold R Greene Memorial ($235k), Saint Peter & Paul School Boosters Inc ($235k) and Paterson Eye and Ear Infirmary ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 59% of the total. Other salaries and wages came to $115k. At year end it held assets of $3.5m against liabilities of $14k, net assets of $3.5m. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.