FGM Organizations Inc

Analysis

FGM Organizations Inc is a registered charity in United States, based in Suwanee, GA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, FGM Organizations Inc reported income of $457k and spending of $263k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $680k to $457k (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2021, when income rose by 942%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, FGM Organizations Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Lighthouse Youth Ministries Inc ($457k), Acme Christian Thrift Store & Food Pantry ($457k) and New Season Ministries ($457k).

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 $48k (18% of expenses). At year end it held assets of $1.3m against liabilities of $2,057, net assets of $1.3m. It reported 2 employees.