Family of the Americas Foundation Inc

Analysis

Family of the Americas Foundation Inc is a registered charity in United States, based in Edgewater, MD. It received its IRS tax-exemption ruling in February 1978, 48 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Family of the Americas Foundation Inc reported income of $83k and spending of $65k, leaving 22% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $164k to $83k (-49%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 1651%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Family of the Americas Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within MD. Charities of a similar size with the same main cause include Black Mental Health Oregon ($83k), Survivors of Addictions Inc ($83k) and Ramp Real Access Motivates Progress ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $24k (37% of expenses). At year end it held assets of $260k against liabilities of $13k, net assets of $247k. It reported 1 employees.