Families in Need of Assistance Inc

Analysis

Families in Need of Assistance Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover food, agriculture and nutrition, 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 in Need of Assistance Inc reported income of $111k and spending of $93k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $111k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families in Need of Assistance Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Mehr Organization Inc ($111k), Chamber Music Silicon Valley ($111k) and Fixing Fathers One Dad at a Time Incorporated ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.