Center for Family Support Inc

Analysis

Center for Family Support Inc is a registered charity in United States, based in New Yourk, NY. It received its IRS tax-exemption ruling in August 1958, 68 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, Center for Family Support Inc reported income of $40.3m and spending of $40.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.6m to $40.3m (+4.4%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Family Support Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include C a B S Home Attendants Service Inc ($40.2m), Childrens Home of Wyoming Conference ($40.3m) and South Dakota Achieve ($40.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $1.1m (2.6% of expenses). Other salaries and wages came to $22.7m. At year end it held assets of $23.9m against liabilities of $9.6m, net assets of $14.3m. It reported 725 employees.