F a F O Inc

Analysis

F a F O Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in November 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, F a F O Inc reported income of $253k and spending of $184k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $314k to $253k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2021, when income rose by 977%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, F a F O 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 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include National Conference on Ministy to the Armed Forces ($253k), Midwestern Governors Association ($253k) and The Laotto-Swan Township Volunteer Fire Co Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $27k (14% of expenses). At year end it held assets of $724k against liabilities of $1,479, net assets of $722k. It reported 1 employees.