FMS Welfare Trust

Analysis

FMS Welfare Trust is a registered charity in United States, based in Saint Charles, IL. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, FMS Welfare Trust reported income of $214k and spending of $216k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $214k (+116%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, FMS Welfare Trust sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Southwest India Christian Mission Inc ($214k), Baltimore Urban Leadership Foundation Inc ($214k) and Center for Family Life Community Resource Center Corp ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.