Family Advocacy Network

Analysis

Family Advocacy Network is a registered charity in United States, based in Kearney, NE. It received its IRS tax-exemption ruling in October 2008, 18 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 Advocacy Network reported income of $1.6m and spending of $602k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $1.6m (+371%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 202%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Advocacy Network sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within NE. Charities of a similar size with the same main cause include Latino Health Insurance Program Inc ($1.6m), Lancaster County Council on Aging Inc ($1.6m) and Dynamic Dimensions Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $87k (14% of expenses). Other salaries and wages came to $204k. At year end it held assets of $2.5m against liabilities of $1,159, net assets of $2.5m. It reported 11 employees.