Faf Coalition

Analysis

Faf Coalition is a registered charity in United States, based in Woodbury, NJ. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2024, Faf Coalition reported income of $101k and spending of $72k, leaving 29% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income fell from $117k to $101k (-13%), an average of -13% a year. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Faf Coalition sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Lesbian Gay Bisexual Transgender Queer Religious Archives Network ($101k), Lakeview Band and Orchestra Boosters ($101k) and Victoria Ballet Theater Inc ($101k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $103k against liabilities of $2,030, net assets of $101k.