Leadership Fairfax Incorporated

Analysis

Leadership Fairfax Incorporated is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Leadership Fairfax Incorporated reported income of $554k and spending of $637k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $488k to $554k (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Leadership Fairfax Incorporated sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Redwood Community Radio Inc ($554k), Fargo Theatre Management Corporation ($554k) and Signature Dance Company ($553k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $144k (23% of expenses). Other salaries and wages came to $165k. At year end it held assets of $576k against liabilities of $270k, net assets of $306k. It reported 6 employees.