Fbiaa Membership Assistance Fund

Analysis

Fbiaa Membership Assistance Fund is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Fbiaa Membership Assistance Fund reported income of $392k and spending of $354k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $225k to $392k (+74%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 66%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fbiaa Membership Assistance Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Compassionate Ministries of Jackson County ($391k), Survivingbreastcancer ($392k) and Ya-Ya Network Inc ($391k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $693k against liabilities of $16k, net assets of $676k.