Family and Childrens Aid Inc

Analysis

Family and Childrens Aid Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in January 1973, 53 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, Family and Childrens Aid Inc reported income of $19.5m and spending of $19.8m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $20.6m to $19.5m (-5.3%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income dropped by 23%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family and Childrens Aid Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within CT. Charities of a similar size with the same main cause include Pacific Retirement Services Inc ($19.4m), Arbor Circle Corporation ($19.5m) and Mennonite Board of Missions & Charities of Kansas Inc ($19.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $564k (2.8% of expenses). Other salaries and wages came to $12.4m. At year end it held assets of $25.0m against liabilities of $3.7m, net assets of $21.2m. It reported 341 employees.