FD Building Foundations Inc

Analysis

FD Building Foundations Inc is a registered charity in United States, based in Elm City, NC. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, FD Building Foundations Inc reported income of $113k and spending of $102k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $21k to $113k (+435%), an average of +75% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, FD Building Foundations Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Horseshoe Trails Elementary PTO ($113k), Afton Elementary Parent Teacher Organization ($113k) and Friends of Saint Joseph West Tampa ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.