North Star Family Services Inc

Analysis

North Star Family Services Inc is a registered charity in United States, based in Leominster, MA. It received its IRS tax-exemption ruling in July 2002, 24 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), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Star Family Services Inc reported income of $1.2m and spending of $646k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $650k to $1.2m (+85%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Star Family Services Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Sierra House ($1.2m), Community Joint Venture Inc ($1.2m) and Jefferson Child Care & Education Center ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $148k (23% of expenses). It paid $60k in professional fundraising fees. At year end it held assets of $3.4m against liabilities of $401k, net assets of $3.0m. It reported 8 employees.