Fathers Care Inc

Analysis

Fathers Care Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Fathers Care Inc reported income of $128k and spending of $188k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $236k to $128k (-46%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fathers Care Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within GA. Charities of a similar size with the same main cause include McMinn County Educational and Community Foundation ($128k), Fay-Genstone Foundation Inc ($128k) and Buena Vida Foundation Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.