Fremd Instrumental Association

Analysis

Fremd Instrumental Association is a registered charity in United States, based in Palatine, IL. It received its IRS tax-exemption ruling in June 1975, 51 years ago. 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 July 2024, Fremd Instrumental Association reported income of $61k and spending of $60k, spending 99% of its income. Across the 3 years on record, from July 2022 to July 2024, income fell from $70k to $61k (-13%), an average of -6.9% a year. The sharpest change came in the year to July 2023, when income dropped by 25%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fremd Instrumental 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 24th percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Gulf Coast Scholastic Shooters Inc ($61k), Middlebury Summer Festival on the Green Incorporated ($61k) and Global Outreach for Christ Inc ($61k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 6.8% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.