Family Resource Center at Gorham

Analysis

Family Resource Center at Gorham is a registered charity in United States, based in Berlin, NH. It received its IRS tax-exemption ruling in October 1997, 29 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 June 2024, Family Resource Center at Gorham reported income of $3.9m and spending of $3.5m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.5m to $3.9m (+58%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Resource Center at Gorham sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NH. Charities of a similar size with the same main cause include The Green Chair Project Inc ($3.9m), Grace Outreach Center Inc ($3.9m) and Momco Global Inc ($3.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $90k (2.6% of expenses). At year end it held assets of $2.9m against liabilities of $390k, net assets of $2.5m. It reported 79 employees.