FTHP Inc

Analysis

FTHP Inc is a registered charity in United States, based in Smyrna, GA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, FTHP Inc reported income of $76k and spending of $90k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $103k to $76k (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, FTHP Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within GA. Charities of a similar size with the same main cause include Hilfiker Foundation Inc ($76k), National Coalition of 100 Black Women Inc Oakland-Bay Area Chapter ($76k) and Harvest Help Outreach Center Inc ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $19k. At year end it held assets of $162k against liabilities of $0, net assets of $162k.