Fps-The International Organization for Fluid PWR & Motion Cont Prof

Analysis

Fps-The International Organization for Fluid PWR & Motion Cont Prof is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in March 1982, 44 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Fps-The International Organization for Fluid PWR & Motion Cont Prof reported income of $956k and spending of $932k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $909k to $956k (+5.2%), an average of +1.7% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fps-The International Organization for Fluid PWR & Motion Cont Prof sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Stand Up Nashville Inc ($956k), California Community Economic Development Association ($957k) and Rising Tide Community Loan Fund ($956k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $105k (11% of expenses). Other salaries and wages came to $347k. At year end it held assets of $1.5m against liabilities of $465k, net assets of $1.0m. It reported 12 employees.