Family Resources for Education & Empowerment Inc

Analysis

Family Resources for Education & Empowerment Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Family Resources for Education & Empowerment Inc reported income of $139k and spending of $146k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $139k (-14%), an average of -14% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Family Resources for Education & Empowerment 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 45th percentile, and in the 44th percentile within LA. Charities of a similar size with the same main cause include Link Educational Group ($139k), Rochester Parents of Music Students ($139k) and RSM Foundation Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $47k against liabilities of $46k, net assets of $913.