Foundation for Retired Missionaries Inc

Analysis

Foundation for Retired Missionaries Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Foundation for Retired Missionaries Inc reported income of $76k and spending of $92k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $76k (+4.1%), an average of +4.1% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foundation for Retired Missionaries Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include Memorial Little League Inc ($76k), 911 Health Watch Inc ($76k) and Dream Hunt & Fishing Program ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.