Fauquier Community Theatre-Story Painters Inc

Analysis

Fauquier Community Theatre-Story Painters Inc is a registered charity in United States, based in Warrenton, VA. It received its IRS tax-exemption ruling in January 1984, 42 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 June 2024, Fauquier Community Theatre-Story Painters Inc reported income of $244k and spending of $212k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $163k to $244k (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 75%. 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, Fauquier Community Theatre-Story Painters Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Huntsville Library Foundation ($244k), Hardin County Genealogy Society a Chapter of Ohio Genealogical Socie ($244k) and The Westmont College Foundation ($243k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $56k (26% of expenses). At year end it held assets of $416k against liabilities of $1,650, net assets of $414k. It reported 1 employees.