Frederick East Classical

Analysis

Frederick East Classical is a registered charity in United States, based in Walkersville, MD. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Frederick East Classical reported income of $138k and spending of $144k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $262k to $138k (-47%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Frederick East Classical sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include Uniting Resilience ($138k), Perry Meridian Falcon Boosters Inc ($138k) and Friends of the Daily Texan Inc ($138k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $69k (48% of expenses). At year end it held assets of $42k against liabilities of $0, net assets of $42k. It reported 21 employees.