Central Family Life Center

Analysis

Central Family Life Center is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in February 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 (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, Central Family Life Center reported income of $5.2m and spending of $5.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $5.2m (+137%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 59%. 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, Central Family Life Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include United Way of the Bluegrass Inc ($5.2m), Ebenezer Child Care Centers Inc ($5.2m) and Maryland Neighborly Networks Incorporated ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $469k (8.9% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $3.0m against liabilities of $1.9m, net assets of $1.1m. It reported 87 employees.