Fairfield Education and Community Association

Analysis

Fairfield Education and Community Association is a registered charity in United States, based in Fairfield, MT. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Fairfield Education and Community Association reported income of $196k and spending of $93k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $64k to $196k (+209%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 136%. Over the whole period it spent 44% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fairfield Education and Community Association sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MT. Charities of a similar size with the same main cause include Downtown Salisbury Inc ($196k), Look for Success Inc ($196k) and 1159 South Community Development Corporation ($196k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 1.9% of the total. At year end it held assets of $694k against liabilities of $0, net assets of $694k.