DFW Fiber Fest Inc

Analysis

DFW Fiber Fest Inc is a registered charity in United States, based in Corinth, TX. It received its IRS tax-exemption ruling in October 2021, 5 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 2023, DFW Fiber Fest Inc reported income of $238k and spending of $276k, spending 116% of what it took in. Across the 5 years on record, from December 2014 to December 2023, income grew from $128k to $238k (+86%), an average of +17% a year. The sharpest change came in the year to December 2018, when income rose by 76%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, DFW Fiber Fest Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Nativity School Foundation ($238k), Community Youth Program at St Johns Inc ($238k) and Momineen Welfare Foundation of America ($238k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.