FH Canada

Analysis

FH Canada is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in October 2019, 7 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).

In the financial year ending September 2023, FH Canada reported income of $10.0m and spending of $10.8m, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.8m to $10.0m (+29%), an average of +6.6% a year. The sharpest change came in the year to September 2021, when income rose by 17%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, FH Canada sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Volunteers of America Inc ($10.0m), FCP Inc ($10.0m) and Hale Kipa Inc ($10.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $280k (2.6% of expenses). Other salaries and wages came to $913k. It paid $429k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $322k, net assets of $822k.