Multicultural Family Center

Analysis

Multicultural Family Center is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Multicultural Family Center reported income of $102k and spending of $119k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $102k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Multicultural Family Center sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within IA. Charities of a similar size with the same main cause include Broomfield Lacrosse Club Rattlers ($102k), Back Alley Bikes ($102k) and Bullpup Legion Baseball Club ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.