Southeast Fairfax Development Corporation

Analysis

Southeast Fairfax Development Corporation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Southeast Fairfax Development Corporation reported income of $201k and spending of $215k, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income fell from $204k to $201k (-1.3%), an average of -0.4% a year. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southeast Fairfax Development Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Womans Club of Winter Park Inc ($201k), Downtown Gadsden Inc ($202k) and Webb Squared ($201k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $116k (54% of expenses). At year end it held assets of $183k against liabilities of $1, net assets of $183k. It reported 1 employees.