FR Genes Help Inc

Analysis

FR Genes Help Inc is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in April 1986, 40 years ago. 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, FR Genes Help Inc reported income of $921k and spending of $322k, leaving 65% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $312k to $921k (+195%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 348%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, FR Genes Help Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include P S 321 Parent-Teacher Association Inc ($921k), Big Brothers Big Sisters of Bucks County Incorporated ($921k) and Boys & Girls Club of McAlester Inc ($921k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $202k. At year end it held assets of $2.6m against liabilities of $12k, net assets of $2.6m. It reported 5 employees.