Ferber Family of Houma Foundation

Analysis

Ferber Family of Houma Foundation is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ferber Family of Houma Foundation reported income of $234k and spending of $104k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $234k (+88%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 206%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ferber Family of Houma Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include San Marcos Parent-Child Workshop Inc ($234k), Bright Circle Inc ($234k) and Mahdavia Islamic Center of Chicago ($234k).

At year end it held assets of $2.3m against liabilities of $35k, net assets of $2.3m.