Family Services Incorporated

Analysis

Family Services Incorporated is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in March 1980, 46 years ago. 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 Services Incorporated reported income of $8.3m and spending of $7.3m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.5m to $8.3m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Services Incorporated sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Western Eagle Foundation Inc ($8.3m), Institute for Transportation and Development Policy ($8.3m) and Sackler School of Medicine ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $83k (1.1% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $9.4m against liabilities of $1.1m, net assets of $8.3m. It reported 98 employees.