Family Ties of West Chester Inc
Analysis
Family Ties of West Chester Inc is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Family Ties of West Chester Inc reported income of $1.9m and spending of $2.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.9m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 17%. 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, Family Ties of West Chester Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Outcomes Incorporated ($1.9m), Providence Network ($1.9m) and Wishes & More ($1.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $228k (11% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.1m against liabilities of $471k, net assets of $579k. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Outcomes Incorporated | Springdale | $1.9m |
| Providence Network | Denver | $1.9m |
| Wishes & More | Fridley | $1.9m |
| Bright Minds Academy Inc | Indianapolis | $1.9m |