FXB USA Inc

Analysis

FXB USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, FXB USA Inc reported income of $289k and spending of $478k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $534k to $289k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 596%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, FXB USA Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Halos of the St Croix Valley ($289k), Holzer Foundation ($289k) and Holistic Health Community Inc ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (26% of expenses). Other salaries and wages came to $2,625. At year end it held assets of $106k against liabilities of $7,647, net assets of $98k. It reported 2 employees.