Fello Inc

Analysis

Fello Inc is a registered charity in United States, based in Linthicum HTS, MD. It received its IRS tax-exemption ruling in December 1973, 53 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Fello Inc reported income of $219.9m and spending of $218.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $54.8m to $219.9m (+301%), an average of +42% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fello Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MD. Charities of a similar size with the same main cause include Hazelden Betty Ford Foundation ($219.7m), Eliot Community Human Services Inc ($219.9m) and The Monroe Clinic Inc ($219.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $831k (0.4% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $68.5m against liabilities of $55.4m, net assets of $13.1m. It reported 836 employees.