Fairfield Chapter of the Fairfield Industrial School Alumni Associati

Analysis

Fairfield Chapter of the Fairfield Industrial School Alumni Associati is a registered charity in United States, based in Fairfield, AL. It received its IRS tax-exemption ruling in March 1989, 37 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 December 2023, Fairfield Chapter of the Fairfield Industrial School Alumni Associati reported income of $74k and spending of $78k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $138k to $74k (-46%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fairfield Chapter of the Fairfield Industrial School Alumni Associati sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within AL. Charities of a similar size with the same main cause include Jesus Loves You International ($74k), Friends of the Waterloo Public Library ($74k) and PTA California Congress of Parents Teachers & Students Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 19% of the total. At year end it held assets of $321k against liabilities of $96k, net assets of $226k.