Falls Church Endowment Fund Inc

Analysis

Falls Church Endowment Fund Inc is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in July 1977, 49 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, Falls Church Endowment Fund Inc reported income of $174k and spending of $68k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $174k (+132%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 384%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Falls Church Endowment Fund Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include Lafayette Square Restoration Committee ($174k), USA Softball of Arkansas Inc ($174k) and Crisis Relief and Recovery ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $1.1m against liabilities of $1,100, net assets of $1.1m.