Frisco Student Fastpacs

Analysis

Frisco Student Fastpacs is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Frisco Student Fastpacs reported income of $413k and spending of $468k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $384k to $413k (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Frisco Student Fastpacs sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Providence Union Park Housing Development Fund Company Inc ($413k), Larry McFadden Ministries Inc ($413k) and The Better Bridal Group International Inc ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $147k (31% of expenses). At year end it held assets of $462k against liabilities of $1,328, net assets of $461k. It reported 3 employees.