Springfield Family Center Inc

Analysis

Springfield Family Center Inc is a registered charity in United States, based in Springfield, VT. It received its IRS tax-exemption ruling in October 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Springfield Family Center Inc reported income of $630k and spending of $562k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $209k to $630k (+202%), an average of +32% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Springfield Family Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within VT. Charities of a similar size with the same main cause include Mid Kansas MCC Relief Sale Inc ($630k), Stop Childrens Cancer Inc ($630k) and The Piedmont Arts Association ($630k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $157k. At year end it held assets of $657k against liabilities of $1,827, net assets of $655k. It reported 4 employees.