Fort Liberty Schools Cafeteria Fund

Analysis

Fort Liberty Schools Cafeteria Fund is a registered charity in United States, based in Fort Bragg, NC. It received its IRS tax-exemption ruling in October 1994, 32 years ago. 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 2022, Fort Liberty Schools Cafeteria Fund reported income of $1.5m and spending of $1.1m, leaving 29% of income unspent that year. Across the 3 years on record, from June 2020 to June 2022, income grew from $923k to $1.5m (+65%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Liberty Schools Cafeteria Fund sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Amateur Hockey Association of Missouri Inc ($1.5m), WRVM Inc ($1.5m) and Pathway Living Center Inc ($1.5m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 147% of the total. Other salaries and wages came to $776k. At year end it held assets of $2.4m against liabilities of $60k, net assets of $2.3m. It reported 49 employees.