FMW Medspa Inc

Analysis

FMW Medspa Inc is a registered charity in United States, based in Joppa, MD. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, FMW Medspa Inc reported income of $625k and spending of $544k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $90k to $625k (+593%), an average of +163% a year. The sharpest change came in the year to December 2023, when income rose by 219%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, FMW Medspa Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include St Landry Council on Aging ($625k), St Francis Seraph Ministries ($625k) and Lagrange Personal Aid Association ($624k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $97k against liabilities of $9,250, net assets of $88k. It reported 29 employees.