Diversfied Family Services Inc

Analysis

Diversfied Family Services Inc is a registered charity in United States, based in Hermitage, PA. It received its IRS tax-exemption ruling in April 1990, 36 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, Diversfied Family Services Inc reported income of $10.4m and spending of $10.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.6m to $10.4m (-2.0%), an average of -0.5% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Diversfied Family Services Inc 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 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Nova Center of the Ozarks Inc ($10.4m), Fairhaven Corporation ($10.4m) and Grace Lifecare Inc ($10.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $263k (2.6% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $11.7m against liabilities of $796k, net assets of $10.9m. It reported 190 employees.