726 Members Family Fund Inc

Analysis

726 Members Family Fund Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2024, 726 Members Family Fund Inc reported income of $194k and spending of $194k, spending 100% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $152k to $194k (+27%), an average of +27% a year. The sharpest change came in the year to April 2024, when income rose by 27%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 726 Members Family Fund Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Congenital Heart Defect Coalition ($194k), Stallings Award Foundation ($194k) and Vermont Catholic Community Foundation Inc ($194k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.