The Frazer Center Inc

Analysis

The Frazer Center Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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, The Frazer Center Inc reported income of $5.1m and spending of $4.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $5.1m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Frazer Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Rockland Hospital Guild Inc ($5.1m), Community Youth Services of Southern Oklahoma Inc ($5.1m) and Boy Scouts of America ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $290k (6.1% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $7.6m against liabilities of $701k, net assets of $6.9m. It reported 123 employees.