Family Service Assn of Glens Falls

Analysis

Family Service Assn of Glens Falls is a registered charity in United States, based in Glens Falls, NY. It received its IRS tax-exemption ruling in January 1965, 61 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, Family Service Assn of Glens Falls reported income of $236k and spending of $230k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $260k to $236k (-9.1%), an average of -2.4% a year. The sharpest change came in the year to June 2023, when income rose by 190%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Service Assn of Glens Falls sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Delta Kilo Foundation ($236k), North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc ($236k) and International Orphanages and Schools Inc ($236k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. Other salaries and wages came to $112k. At year end it held assets of $1.2m against liabilities of $64k, net assets of $1.2m. It reported 3 employees.