Fellowship Foundation Inc

Analysis

Fellowship Foundation Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in January 1949, 77 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, Fellowship Foundation Inc reported income of $10.4m and spending of $9.8m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.9m to $10.4m (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fellowship Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Ross County Community Action Commission Inc ($10.4m), Shared Harvest Foodbank Inc ($10.4m) and Catholic Charities Indianapolis Inc ($10.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.9% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $8.0m against liabilities of $375k, net assets of $7.7m. It reported 80 employees.