Fayetteville Community Center Group

Analysis

Fayetteville Community Center Group is a registered charity in United States, based in Fayetteville, TX. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fayetteville Community Center Group reported income of $699k and spending of $9,780, leaving 99% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $699k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 497%. Over the whole period it spent 1.6% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fayetteville Community Center Group sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Nicely Theatre Group ($699k), Choroideremia Research Foundation Inc ($699k) and Taara US Inc ($699k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.