Families of Character

Analysis

Families of Character is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in April 2010, 16 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, Families of Character reported income of $270k and spending of $333k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $270k (+54%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families of Character sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CO. Charities of a similar size with the same main cause include Organizacion Latina Trans in Texas ($270k), Connecticut State Independent Living Council Inc ($270k) and Monsey Shidduch Initiative Inc ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $94k (28% of expenses). At year end it held assets of $96k against liabilities of $2,931, net assets of $94k. It reported 1 employees.