Family Health Initiatives Inc

Analysis

Family Health Initiatives Inc is a registered charity in United States, based in Pennsauken, NJ. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Family Health Initiatives Inc reported income of $2.9m and spending of $2.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.9m (-8.4%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Family Health Initiatives Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Making Headway Center for Brain Injury Recovery ($2.9m), Pulsepoint Foundation ($2.9m) and Waterbury Hospital Foundation Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Other salaries and wages came to $695k. At year end it held assets of $908k against liabilities of $560k, net assets of $348k.