Families Empowered

Analysis

Families Empowered is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Empowered reported income of $1.6m and spending of $1.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Families Empowered sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include North Shelby Library District a Public Corporation ($1.6m), Kirkwood Christian Schools ($1.6m) and Caring Hearts and Hands of Hope Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $165k (11% of expenses). Other salaries and wages came to $625k. It paid $58k in professional fundraising fees. At year end it held assets of $904k against liabilities of $371k, net assets of $534k. It reported 14 employees.