Fotolanthropy

Analysis

Fotolanthropy is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Fotolanthropy reported income of $140k and spending of $149k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $140k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fotolanthropy sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Central Wisconsin Childrens Theatre Inc ($140k), Instrumental Music Boosters of the Massillon City Schools Inc ($140k) and Fulton County Historical Society Inc ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.2% of the total. At year end it held assets of $33k against liabilities of $2,768, net assets of $30k.