Founders Benefactors Supervisors & Friends of Frying Pan FRM Park Inc

Analysis

Founders Benefactors Supervisors & Friends of Frying Pan FRM Park Inc is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in January 2001, 25 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 (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, Founders Benefactors Supervisors & Friends of Frying Pan FRM Park Inc reported income of $102k and spending of $107k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $113k to $102k (-9.8%), an average of -2.6% a year. The sharpest change came in the year to June 2022, when income dropped by 32%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Founders Benefactors Supervisors & Friends of Frying Pan FRM Park Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Catonsville 4th of July Committee Inc ($102k), Redline Youth Performance Ensemble ($102k) and Historic Elitch Gardens Theatre Foundation ($102k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 24% of the total. At year end it held assets of $172k against liabilities of $3,852, net assets of $168k.