FMW Nonprofit Solutions

Analysis

FMW Nonprofit Solutions is a registered charity in United States, based in Hopkins, MN. It received its IRS tax-exemption ruling in April 2021, 5 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, FMW Nonprofit Solutions reported income of $1.3m and spending of $1.0m, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $586k to $1.3m (+123%), an average of +124% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, FMW Nonprofit Solutions sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Pine River Area D a C ($1.3m), Senior Network Services ($1.3m) and Creative Play and Preschools Ltd ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.8% of the total. Other salaries and wages came to $278k. At year end it held assets of $653k against liabilities of $0, net assets of $653k. It reported 1 employees.