Fmu Charitable Foundationincorporated

Analysis

Fmu Charitable Foundationincorporated is a registered charity in United States, based in Surfside, FL. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Fmu Charitable Foundationincorporated reported income of $449k and spending of $458k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $415k to $449k (+8.2%), an average of +2.0% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fmu Charitable Foundationincorporated 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 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Frederick Foundation Ltd ($449k), Community Foundation of Carroll County ($449k) and Childrens Fund of the Astor Home Inc ($449k).

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 $153k against liabilities of $20k, net assets of $133k.