Families U S a Foundation Inc

Analysis

Families U S a Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1989, 37 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, Families U S a Foundation Inc reported income of $6.3m and spending of $9.4m, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.0m to $6.3m (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families U S a Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 82nd percentile within DC. Charities of a similar size with the same main cause include Helena Food Share Inc ($6.3m), Sheridan House Family Ministriesinc ($6.3m) and Disability Services Inc ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $1.8m (19% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $36.8m against liabilities of $13.3m, net assets of $23.5m. It reported 71 employees.