Femergy

Analysis

Femergy is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Femergy reported income of $366k and spending of $316k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $174k to $366k (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Femergy sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Bloomagainbklyn ($366k), New Life Center for Children and Mothers Inc ($366k) and Raw Ruth Anointed World Ministries ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Other salaries and wages came to $52k. At year end it held assets of $83k against liabilities of $48k, net assets of $36k. It reported 1 employees.