Families United Serving and Embracing

Analysis

Families United Serving and Embracing is a registered charity in United States, based in Hampstead, NC. It received its IRS tax-exemption ruling in February 2012, 14 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 United Serving and Embracing reported income of $247k and spending of $155k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $247k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families United Serving and Embracing sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Forsaken Children Inc ($247k), Kentucky Exposition Foundation Inc ($247k) and True Pursuit ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $308k against liabilities of $195k, net assets of $113k.