Families Managing Media Inc

Analysis

Families Managing Media Inc is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Families Managing Media Inc reported income of $139k and spending of $145k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $139k (+139%), an average of +139% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Families Managing Media Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Cypress Falls High School Sky Dancer Booster Club ($139k), Croton Harmon Booster Club ($139k) and Manhattan 114 PTO ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. At year end it held assets of $35k against liabilities of $4,048, net assets of $31k.