Student Parenting and Family Services Inc

Analysis

Student Parenting and Family Services Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in June 1994, 32 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, Student Parenting and Family Services Inc reported income of $637k and spending of $856k, spending 134% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $779k to $637k (-18%), an average of -4.9% a year. The sharpest change came in the year to June 2024, when income dropped by 27%. 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, Student Parenting and Family Services Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CT. Charities of a similar size with the same main cause include Northwest Berry Foundation ($636k), Winnett Aces Inc ($637k) and Mid-County Center Inc ($636k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $102k (12% of expenses). Other salaries and wages came to $475k. At year end it held assets of $767k against liabilities of $6,735, net assets of $761k. It reported 12 employees.