FLM Foundation Inc

Analysis

FLM Foundation Inc is a registered charity in United States, based in Brookhaven, GA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, FLM Foundation Inc reported income of $831k and spending of $354k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $221k to $831k (+277%), an average of +56% a year. The sharpest change came in the year to December 2021, when income rose by 460%. Over the whole period it spent 32% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, FLM Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include PKD Free Babies Alliance Ltd ($831k), Iowa Specialty Hospital Foundation Clarion ($832k) and Blaqout ($831k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.