Familylinks Inc

Analysis

Familylinks Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 1971, 55 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, Familylinks Inc reported income of $25.9m and spending of $24.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.0m to $25.9m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Familylinks 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 PA. Charities of a similar size with the same main cause include YMCA of the Northern Sky ($25.9m), First Place for Youth ($25.9m) and Society of St Vincent de Paul Georgia Inc ($25.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $933k (3.8% of expenses). Other salaries and wages came to $13.8m. At year end it held assets of $29.0m against liabilities of $2.7m, net assets of $26.2m. It reported 445 employees.