Drexel Community Fair Incorporated

Analysis

Drexel Community Fair Incorporated is a registered charity in United States, based in Drexel, NC. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Drexel Community Fair Incorporated reported income of $114k and spending of $82k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $114k (-12%), an average of -12% a year. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Drexel Community Fair Incorporated sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Elk River Blue Line Club ($114k), Cumberland Area Community Food Pantry Inc ($114k) and Angel House Services Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 77% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.