Family Resource Center of Peekskill Inc

Analysis

Family Resource Center of Peekskill Inc is a registered charity in United States, based in Peekskill, NY. It received its IRS tax-exemption ruling in November 1989, 37 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Resource Center of Peekskill Inc reported income of $1.5m and spending of $405k, leaving 73% of income unspent that year. Across the 6 years on record, from June 2018 to June 2023, income grew from $266k to $1.5m (+459%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 146%. Over the whole period it spent 47% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Family Resource Center of Peekskill Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Housing Justice Center ($1.5m), Everglades Housing Group Incorporated ($1.5m) and Interfaith Community Shelter Group Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $5.8m against liabilities of $2.7m, net assets of $3.1m. It reported 1 employees.