Salisbury Family Services Incorporated
Analysis
Salisbury Family Services Incorporated is a registered charity in United States, based in Salisbury, CT. It received its IRS tax-exemption ruling in September 1949, 77 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Salisbury Family Services Incorporated reported income of $216k and spending of $159k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $260k to $216k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 74% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salisbury Family Services Incorporated sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within CT. Charities of a similar size with the same main cause include Life Concepts Group Home II Inc ($216k), The Greenwich Nursery School ($216k) and Haight Ashbury Food Program ($216k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $45k (29% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 1.6%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Life Concepts Group Home II Inc | Orlando | $216k |
| The Greenwich Nursery School | Stewartsville | $216k |
| Haight Ashbury Food Program | San Francisco | $216k |
| Greater Clermont Cancer Foundation Inc | Minneola | $216k |