Federation of Associations of Regulatory Boards

Analysis

Federation of Associations of Regulatory Boards is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 1974, 52 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 March 2023, Federation of Associations of Regulatory Boards reported income of $388k and spending of $412k, spending 106% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $507k to $388k (-23%), an average of -6.4% a year. The sharpest change came in the year to March 2022, when income rose by 50%. 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, Federation of Associations of Regulatory Boards sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include St Marys Residence Inc ($388k), Memorial Ambulance of Fort Benton Montana ($388k) and Cold Spring Harbor Nursery School ($388k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $107k against liabilities of $69k, net assets of $38k.