Foundation of the Association of Former Agents of the United States

Analysis

Foundation of the Association of Former Agents of the United States is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in December 1975, 51 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Foundation of the Association of Former Agents of the United States reported income of $117k and spending of $147k, spending 126% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $166k to $117k (-29%), an average of -6.7% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 102% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Foundation of the Association of Former Agents of the United States sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within IA. Charities of a similar size with the same main cause include Association of Academic Support Educators Inc ($116k), Family Justice Resource Center ($117k) and 10-7 Outdoors ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $1.3m against liabilities of $4,645, net assets of $1.3m.