Family Ties Child Development Center Inc

Analysis

Family Ties Child Development Center Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in September 2007, 19 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, Family Ties Child Development Center Inc reported income of $195k and spending of $195k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $212k to $195k (-7.8%), an average of -7.8% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Ties Child Development Center 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 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include City of Light Sanctuary Inc ($195k), Pa Fop Foundation ($195k) and Restore 6-34 Inc ($195k).

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 $1 against liabilities of $0, net assets of $1.