Female Benevolent Association

Analysis

Female Benevolent Association is a registered charity in United States, based in Lumberton, NJ. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Female Benevolent Association reported income of $67k and spending of $80k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $101k to $67k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Female Benevolent Association sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Lancaster County Chooses Love ($67k), Incor Two ($67k) and Lever Fund ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $555k against liabilities of $0, net assets of $555k.