Center for Family Services Inc
Analysis
Center for Family Services Inc is a registered charity in United States, based in Voorhees, NJ. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Center for Family Services Inc reported income of $103.7m and spending of $103.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $61.0m to $103.7m (+70%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Family Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within NJ. Charities of a similar size with the same main cause include Youth Advocate Programs Inc ($103.7m), Samaritas ($104.0m) and New Hampshire Catholic Charities Inc ($103.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $60.9m. At year end it held assets of $56.2m against liabilities of $25.4m, net assets of $30.8m. It reported 1,833 employees.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 22%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Youth Advocate Programs Inc | Harrisburg | $103.7m |
| Samaritas | Detroit | $104.0m |
| New Hampshire Catholic Charities Inc | Manchester | $103.4m |
| Wesley Retirement Services Inc | Johnston | $104.1m |