Celebrate Fairfax Inc

Analysis

Celebrate Fairfax Inc is a registered charity in United States, based in Broadlands, VA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2023, Celebrate Fairfax Inc reported income of $784k and spending of $651k, spending 83% of its income. Across the 4 years on record, from December 2019 to June 2023, income fell from $1.2m to $784k (-37%), an average of -14% a year. The sharpest change came in the year to June 2023, when income rose by 2248%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Celebrate Fairfax Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Keystone Athletic ($782k), Mount Jubilee Ministriesincorporated ($784k) and Western Dupage Special Recreation Association Foundation ($782k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $132k (20% of expenses). Other salaries and wages came to $208k. At year end it held assets of $357k against liabilities of $42k, net assets of $315k. It reported 6 employees.