Fermanian Family Foundation

Analysis

Fermanian Family Foundation is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in November 1998, 28 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending December 2023, Fermanian Family Foundation reported income of $430k and spending of $1.4m, spending 318% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $561k to $430k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income rose by 573%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fermanian Family Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Washington Community Housing Trust Inc ($430k), Fort Wayne Park Foundation Inc ($430k) and General Federation of Womens Club ($430k).

At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.