FPS Fellowship Examination Corp

Analysis

FPS Fellowship Examination Corp is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, FPS Fellowship Examination Corp reported income of $355k and spending of $270k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $265k to $355k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, FPS Fellowship Examination Corp sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Partnership to Advance Responsible Technology ($355k), Eastern Oregon Regional Arts Council Inc ($355k) and Out of the Box Theatrics Inc ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 64% of the total. At year end it held assets of $2.0m against liabilities of $146k, net assets of $1.8m.