Families and Work Institute Inc

Analysis

Families and Work Institute Inc is a registered charity in United States, based in Palisades, NY. It received its IRS tax-exemption ruling in April 1989, 37 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 December 2023, Families and Work Institute Inc reported income of $192k and spending of $667k, spending 347% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $751k to $192k (-74%), an average of -74% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families and Work Institute Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Shepherds Staff Ministries Inc ($192k), Senior Citizens of Holt County Inc ($192k) and Christian Service Center ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 45% of the total. At year end it held assets of $106k against liabilities of $55k, net assets of $51k.