Association of Forensic Quality Assurance Managers

Analysis

Association of Forensic Quality Assurance Managers is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Association of Forensic Quality Assurance Managers reported income of $165k and spending of $220k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $165k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Association of Forensic Quality Assurance Managers sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include Flats Forward Inc ($165k), Bronxville Womens Club Inc ($165k) and GFWC of North Carolina Inc ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 85% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.