Fletcher Group Inc

Analysis

Fletcher Group Inc is a registered charity in United States, based in London, KY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Fletcher Group Inc reported income of $5.9m and spending of $5.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $5.9m (+289%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fletcher Group Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include Pink Ribbon Good Inc ($5.9m), Palouse River Counseling Center ($5.9m) and Emotional Health Association ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $564k (9.8% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $925k against liabilities of $287k, net assets of $638k. It reported 34 employees.