Families Against Mandatory Minimums Foundation

Analysis

Families Against Mandatory Minimums Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Against Mandatory Minimums Foundation reported income of $4.2m and spending of $4.4m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $4.2m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Against Mandatory Minimums Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 78th percentile within DC. Charities of a similar size with the same main cause include Vermont Network Against Domestic and Sexual Violence ($4.2m), Aid to Victims of Domestic Abuse Inc ($4.2m) and Evergreenhealth Foundation ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $457k (10% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $7.8m against liabilities of $917k, net assets of $6.8m. It reported 28 employees.