City of Fairfax Band Association Inc

Analysis

City of Fairfax Band Association Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, City of Fairfax Band Association Inc reported income of $222k and spending of $262k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $214k to $222k (+3.5%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City of Fairfax Band Association Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Fredericktown R-1 School District Foundation ($222k), John Eaton Home and School Association ($222k) and Mollen Foundation for Childhood Obesity ($222k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $28k (11% of expenses). Other salaries and wages came to $74k. At year end it held assets of $687k against liabilities of $962, net assets of $686k.