Fair Hill Foundation Inc

Analysis

Fair Hill Foundation Inc is a registered charity in United States, based in Elkton, MD. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Fair Hill Foundation Inc reported income of $369k and spending of $131k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $369k (-77%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fair Hill Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Josephine County Foundation ($369k), The St Andrews Society of Detroit ($369k) and Great Chesapeake Bay Swim Inc ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $18k in professional fundraising fees. At year end it held assets of $364k against liabilities of $0, net assets of $364k.