Fox Island Chapel Preservation Society

Analysis

Fox Island Chapel Preservation Society is a registered charity in United States, based in Fox Island, WA. It received its IRS tax-exemption ruling in May 2000, 26 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 (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, Fox Island Chapel Preservation Society reported income of $92k and spending of $59k, leaving 36% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $51k to $92k (+82%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fox Island Chapel Preservation Society sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 30th percentile within WA. Charities of a similar size with the same main cause include Risk-Reward ($92k), Deer Isle Artists Association ($92k) and Dominican Writers Assoc Inc ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 67% of the total. Other salaries and wages came to $9,200. At year end it held assets of $874k against liabilities of $15k, net assets of $859k. It reported 3 employees.