Family Trust

Analysis

Family Trust is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Family Trust reported income of $3.2m and spending of $2.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.2m (+36%), an average of +8.0% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Family Trust sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Washington County Mental Health Authority Inc ($3.2m), Iroquois Mental Health Center ($3.2m) and University Health Center Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $313k (11% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $205.4m against liabilities of $205.4m, net assets of $0.