Crimson Fencing Charitable Corp

Analysis

Crimson Fencing Charitable Corp is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Crimson Fencing Charitable Corp reported income of $98k and spending of $37k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $7,705 to $98k (+1168%), an average of +1168% a year. The sharpest change came in the year to December 2023, when income rose by 1168%. Over the whole period it spent 46% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crimson Fencing Charitable Corp sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Vestavia Hills Youth Football ($98k), Chicago Sports Summit Foundation ($98k) and North American Collegiate Leaugue ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.