Fairfax Rotary Educational Foundation

Analysis

Fairfax Rotary Educational Foundation is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in August 1979, 47 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, Fairfax Rotary Educational Foundation reported income of $76k and spending of $94k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $76k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fairfax Rotary Educational Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include The Granville Parent Cooperative Preschool ($76k), Alabama Boys Industrial School Endowment ($76k) and General Federation of Womens Club ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $74k against liabilities of $10k, net assets of $63k.