Fostoria Glass Society of America Inc

Analysis

Fostoria Glass Society of America Inc is a registered charity in United States, based in Moundsville, WV. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, Fostoria Glass Society of America Inc reported income of $75k and spending of $60k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $46k to $75k (+64%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fostoria Glass Society of America Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within WV. Charities of a similar size with the same main cause include Centurion Christian Classical Schools ($75k), Soroftimist International of South Lake Tahoe Foundation ($75k) and Friends of Chesnut Foundation Inc ($75k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 57% and program service revenue 11% of the total. Other salaries and wages came to $9,765. At year end it held assets of $675k against liabilities of $8,108, net assets of $667k. It reported 1 employees.