Child and Family Resources Inc

Analysis

Child and Family Resources Inc is a registered charity in United States, based in Penn Yan, NY. It received its IRS tax-exemption ruling in August 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Child and Family Resources Inc reported income of $2.2m and spending of $2.2m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $2.2m (+62%), an average of +13% a year. The sharpest change came in the year to August 2021, when income rose by 37%. 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, Child and Family Resources Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Activities Recreation and Care ($2.2m), Recovery Road Inc ($2.2m) and Safe Journeys ($2.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $136k (6.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $862k against liabilities of $514k, net assets of $348k. It reported 36 employees.