Future Generation International Missions Inc

Analysis

Future Generation International Missions Inc is a registered charity in United States, based in Cowpens, SC. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Future Generation International Missions Inc reported income of $361k and spending of $383k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $440k to $361k (-18%), an average of -4.8% a year. Over the whole period it spent 83% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Future Generation International Missions 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 65th percentile, and in the 69th percentile within SC. Charities of a similar size with the same main cause include Development Data Lab Inc ($361k), Serbs for Serbs ($361k) and Haiti Mama Inc ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $20k (5.2% of expenses). Other salaries and wages came to $110k. It paid $8,856 in professional fundraising fees. At year end it held assets of $917k against liabilities of $0, net assets of $917k. It reported 2 employees.