North American Family Institute Inc

Analysis

North American Family Institute Inc is a registered charity in United States, based in Danvers, MA. It received its IRS tax-exemption ruling in December 1986, 40 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, North American Family Institute Inc reported income of $29.6m and spending of $29.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $29.9m to $29.6m (-0.7%), an average of -0.2% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North American Family Institute Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Kendal at Ithaca ($29.6m), United Lutheran Program for the Aging Inc ($29.7m) and Young Mens Christian Association of Honolulu ($29.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Other salaries and wages came to $17.4m. At year end it held assets of $14.4m against liabilities of $5.0m, net assets of $9.4m. It reported 510 employees.