Metropolitan Family Services Inc

Analysis

Metropolitan Family Services Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2014, 12 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 June 2023, Metropolitan Family Services Inc reported income of $2.1m and spending of $2.0m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.4m to $2.1m (-10%), an average of -3.6% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Metropolitan Family Services Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Divine Mercy Province of Heralds of Good News ($2.1m), Connecting Ties Inc ($2.1m) and Shasta Womens Refuge ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $100k (4.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.1m against liabilities of $248k, net assets of $814k. It reported 62 employees.