FHM Associates Inc

Analysis

FHM Associates Inc is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, FHM Associates Inc reported income of $1.9m and spending of $1.7m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.9m (+19%), an average of +4.5% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, FHM Associates Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OK. Charities of a similar size with the same main cause include Time Out Inc ($1.9m), Housing Council at Pathstone Inc ($1.9m) and Northfield Community LDC of Staten Island Inc ($1.9m).

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 $3.8m against liabilities of $5.4m, net assets of -$1.6m.