Family Advancement Ministries Inc

Analysis

Family Advancement Ministries Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 June 2023, Family Advancement Ministries Inc reported income of $516k and spending of $442k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $426k to $516k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Family Advancement Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Exchange Club Dick Webber Center for the Prevention of Childabuse F ($516k), Dupage County Area Project Inc ($517k) and Casa of South Central Kentucky Inc ($516k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (13% of expenses). Other salaries and wages came to $149k. At year end it held assets of $491k against liabilities of $59k, net assets of $432k. It reported 9 employees.