Famfa Inc

Analysis

Famfa Inc is a registered charity in United States, based in Murrysville, PA. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 2023, Famfa Inc reported income of $66k and spending of $83k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $66k (+9.6%), an average of +9.6% a year. Over the whole period it spent 114% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Famfa Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include Trust for Youth and Child Leadership Tycl International Inc ($66k), Multisportmadness Kids Inc ($66k) and Share the Blessings Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 38% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.