FTC International Inc

Analysis

FTC International Inc is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, FTC International Inc reported income of $282k and spending of $221k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $219k to $282k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, FTC International Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Pasture Valley Children Missions ($282k), Unite to Light ($282k) and University of Manitoba Foundation U S a Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $754k against liabilities of $0, net assets of $754k.