Facility Guidelines Institute Inc

Analysis

Facility Guidelines Institute Inc is a registered charity in United States, based in Westhampton, MA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Facility Guidelines Institute Inc reported income of $1.6m and spending of $1.6m, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $946k to $1.6m (+73%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Facility Guidelines Institute Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Greater Oasis Christian Academy Inc ($1.6m), Granville Public Library Association ($1.6m) and Blueprint for Change Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $413k (27% of expenses). Other salaries and wages came to $325k. At year end it held assets of $2.8m against liabilities of $26k, net assets of $2.7m. It reported 7 employees.