Focus Therapy Services Inc

Analysis

Focus Therapy Services Inc is a registered charity in United States, based in New Bern, NC. It received its IRS tax-exemption ruling in August 2006, 20 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 December 2023, Focus Therapy Services Inc reported income of $119k and spending of $171k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $259k to $119k (-54%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Focus Therapy Services Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include American Friends of the Czech Republic ($119k), BG Social Learning Center ($119k) and Transformation Pathway ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (9.3% of expenses). At year end it held assets of -$966 against liabilities of $143k, net assets of -$144k. It reported 8 employees.