Fairness Education Fund Inc

Analysis

Fairness Education Fund Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Fairness Education Fund Inc reported income of $1.1m and spending of $130k, leaving 88% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $244k to $1.1m (+351%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fairness Education Fund Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Future Farmers of America ($1.1m), Clintonville Academy ($1.1m) and Christian Center Day Care Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m. It reported 2 employees.