Family & Childrens Service Inc of Monmouth County

Analysis

Family & Childrens Service Inc of Monmouth County is a registered charity in United States, based in Long Branch, NJ. It received its IRS tax-exemption ruling in June 1951, 75 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 & Childrens Service Inc of Monmouth County reported income of $4.6m and spending of $4.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $4.6m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family & Childrens Service Inc of Monmouth County sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Council on Aging of St Lucie Inc ($4.6m), Compassionate Care ALS Inc ($4.6m) and YWCA Northwestern Illinois ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $129k (2.7% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $4.0m against liabilities of $717k, net assets of $3.2m. It reported 109 employees.