Federation of Malayalee Associations of Americas Fomaa

Analysis

Federation of Malayalee Associations of Americas Fomaa is a registered charity in United States, based in Missouri City, TX. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Federation of Malayalee Associations of Americas Fomaa reported income of $79k and spending of $81k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $309k to $79k (-74%), an average of -36% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Federation of Malayalee Associations of Americas Fomaa sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Kumari Project ($79k), King Hussein Foundation International ($79k) and Jesus Young Followers Ministries ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 55% of the total. At year end it held assets of $46k against liabilities of $10k, net assets of $36k.