Fort Recovery Area Arts Council

Analysis

Fort Recovery Area Arts Council is a registered charity in United States, based in Fort Recovery, OH. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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, Fort Recovery Area Arts Council reported income of $438k and spending of $47k, leaving 89% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $360k to $438k (+22%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 304%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Recovery Area Arts Council sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Service Guild of Birmingham Inc ($438k), Door of Hope International ($438k) and Roxbury Weston Programs Inc ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.5% of the total. At year end it held assets of $822k against liabilities of $0, net assets of $822k.