Fairytale Town Inc

Analysis

Fairytale Town Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 1962, 64 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 (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, Fairytale Town Inc reported income of $3.4m and spending of $2.6m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.4m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 67% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fairytale Town Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Virgina Soccer Alliance Inc ($3.4m), Chicago Mission Aaa Hockey Club ($3.5m) and Interscholastic Equestrian Association Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $162k (6.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $8.3m against liabilities of $814k, net assets of $7.5m. It reported 95 employees.