Association for Federal Enterprise Risk Management

Analysis

Association for Federal Enterprise Risk Management is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Association for Federal Enterprise Risk Management reported income of $276k and spending of $354k, spending 128% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income fell from $328k to $276k (-16%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Association for Federal Enterprise Risk Management sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Hmoob Cultural and Community Agency Inc ($276k), Bayview Manor Foundation ($276k) and Wainwright House Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 71% of the total. At year end it held assets of $445k against liabilities of $63k, net assets of $382k.