Fob Canam Inc

Analysis

Fob Canam Inc is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Fob Canam Inc reported income of $57k and spending of $69k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $57k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fob Canam Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within WY. Charities of a similar size with the same main cause include Hamilton Parent Action Committee ($57k), Menlo Park Library Foundation ($57k) and Galeton Public Library Association ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.