Friends of Fam Inc

Analysis

Friends of Fam Inc is a registered charity in United States, based in Mableton, GA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Friends of Fam Inc reported income of $148k and spending of $147k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $148k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Fam Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include Latina Sisters Support Inc ($148k), Helping Parents Heal Inc ($148k) and Champions of Change Inc ($148k).

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 $459 against liabilities of $0, net assets of $459.