The Fam

Analysis

The Fam is a registered charity in United States, based in University City, MO. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, The Fam reported income of $482k and spending of $584k, spending 121% of what it took in. Across the 5 years on record, from December 2020 to June 2024, income grew from $360k to $482k (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2023, when income rose by 274%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Fam sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Rebound Foundation Inc ($482k), House of Eli Inc ($482k) and Benjamin H Wilson Senior Center ($482k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $111k against liabilities of $78k, net assets of $34k.