Ampersand Families

Analysis

Ampersand Families is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in January 2008, 18 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 2024, Ampersand Families reported income of $3.0m and spending of $2.9m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $3.0m (+126%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ampersand Families sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Center for Individual and Family Therapy ($3.0m), Schi Early Intervention ($3.0m) and African American Community Services Agency ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $243k (8.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.5m against liabilities of $692k, net assets of $843k. It reported 35 employees.