FMH Foundation

Analysis

FMH Foundation is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in September 1950, 76 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, FMH Foundation reported income of $5.1m and spending of $3.8m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.7m to $5.1m (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, FMH Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include On the Rise Inc ($5.1m), House of Hope Inc ($5.1m) and Openhouse ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 70% of the total. Compensation of current officers, directors and key employees was $128k (3.4% of expenses). Other salaries and wages came to $541k. At year end it held assets of $35.2m against liabilities of $16.5m, net assets of $18.7m. It reported 6 employees.