Families and Community Together Inc

Analysis

Families and Community Together Inc is a registered charity in United States, based in Mountainside, NJ. It received its IRS tax-exemption ruling in January 2001, 25 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, Families and Community Together Inc reported income of $11.4m and spending of $10.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $11.4m (+59%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families and Community Together Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include St Anns Senior Housing Inc ($11.4m), Search for Change Inc ($11.4m) and WVSC Metro Area Agency on Aging Inc ($11.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $595k (5.6% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $7.7m against liabilities of $3.0m, net assets of $4.7m. It reported 117 employees.