Cherokee County Family Resourcecenter

Analysis

Cherokee County Family Resourcecenter is a registered charity in United States, based in Centre, AL. It received its IRS tax-exemption ruling in October 2007, 19 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 September 2023, Cherokee County Family Resourcecenter reported income of $222k and spending of $217k, spending 98% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $204k to $222k (+9.0%), an average of +2.9% 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, Cherokee County Family Resourcecenter sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within AL. Charities of a similar size with the same main cause include Food Distribution Research Society Inc ($222k), Mountain Jewels Home ($222k) and Viet Dreams ($222k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (26% of expenses). Other salaries and wages came to $107k. At year end it held assets of $116k against liabilities of $0, net assets of $116k. It reported 4 employees.