Family Life Education Inc

Analysis

Family Life Education Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 1987, 39 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 June 2023, Family Life Education Inc reported income of $370k and spending of $361k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $257k to $370k (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Life Education Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Alaska Research Consortium ($370k), Foundation for Special Needs Independence ($370k) and Childrens Castle Inc ($370k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $188k against liabilities of $761k, net assets of -$573k.