Public & Societal Benefit (W20C) IRS Verified DX Registered 990 on File

FORMER MEMBERS OF CONGRESS INC

EIN: 54-0883744 · WASHINGTON, DC 20005-3418 · United States · FY 2024 Data

3 out of 5 54 / 100 Based on 2+ years of filings

Financial strength (30%) 83/100

Reliability (20%) 55/100

Effectiveness (25%) 71/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

FMC is the premier non-profit focused on Congress, involving both Former and Current Members of Congress in our work – all on a bipartisan basis. We utilize the unique skill sets of our over 800 members to provide pro bono public service programs and initiatives both at home and abroad. We also engage over 200 Current Members of Congress and senior Congressional staff annually in international legislative exchanges through our Congressional Study Groups. Our work strengthens the Congress by creating across-the-aisle opportunities for Current Members to work together on issues including energy, global trade, international security, and transportation policy. Equally important is our work educating the public about U.S. representative democracy, public service, and Congress as an institution.

Financial Overview — FY 2024

$4.0M

Total Revenue

$3.4M

Total Expenses

$3.5M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 67.1%

Fundraising Efficiency 6.9%

Operating Reserve 12.60x

Liability-to-Asset 40.1%

Revenue Diversification 88.9%

Executive Compensation $310K

Compared with Peers

FY 2024

Compared with 521 similar organizations (United States, Public & Societal Benefit, $1M–$10M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	67.1%	83.6%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	31.7%	12.2%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	1.3%	1.0%	P10P90	Below median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	6.9%	93.6%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	12.6 mo	9.3 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	40.1%	13.7%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	88.9%	94.8%	P10P90	Above median
Revenue growth Year over year revenue growth	48.8%	7.6%	P10P90
Expense growth Year over year expense growth	15.6%	8.5%	P10P90
Surplus margin Surplus as a share of revenue	15.3%	2.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$4.0M	$3.4M	$3.5M	67.1%	13
2023	$2.7M	$2.9M	$2.8M	58.6%	13
2022	$3.1M	$3.0M	$2.9M	70.7%	13
2021	$2.4M	$2.3M	N/A	—	14

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Organization Details

EIN: 54-0883744
State: DC
City: WASHINGTON
ZIP: 20005-3418
Classification: W20C
Category: Public & Societal Benefit
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1970
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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