Fellowship Benevolent Corporation

Analysis

Fellowship Benevolent Corporation is a registered charity in United States, based in Central City, CO. It received its IRS tax-exemption ruling in November 1988, 38 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 December 2021, Fellowship Benevolent Corporation reported income of $113k and spending of $132k, spending 117% of what it took in. Across the 4 years on record, from December 2018 to December 2021, income fell from $1.4m to $113k (-92%), an average of -56% a year. The sharpest change came in the year to December 2019, when income dropped by 91%. Over the whole period it spent 25% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fellowship Benevolent Corporation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within CO. Charities of a similar size with the same main cause include Eritrean American Civic Association Center Inc ($113k), Foundation for Montessori Education Inc ($113k) and The Greater Lees Summit Health Care Foundation ($113k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 6.7% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $52k (39% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.