Families First Parenting Programs Inc

Analysis

Families First Parenting Programs Inc is a registered charity in United States, based in Watertown, MA. It received its IRS tax-exemption ruling in May 1998, 28 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 2023, Families First Parenting Programs Inc reported income of $2.1m and spending of $2.2m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $746k to $2.1m (+175%), an average of +40% a year. The sharpest change came in the year to June 2021, when income rose by 120%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families First Parenting Programs Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include The C a R E Center ($2.1m), Damiano of Duluth Inc ($2.1m) and Academy Child Development Center Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $130k (6.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.1m against liabilities of $522k, net assets of $1.6m. It reported 37 employees.