FCGB Center of Excellence Inc

Analysis

FCGB Center of Excellence Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, FCGB Center of Excellence Inc reported income of $1.0m and spending of $766k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $1.0m (+312%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, FCGB Center of Excellence Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Blackhills Football Club ($1.0m), City Blossoms Inc ($1.0m) and Irving J Symons Foundation for Tuolumne County ($1.0m).

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 $225k (29% of expenses). At year end it held assets of $461k against liabilities of $25k, net assets of $436k.