Horseheads Family Resource Center Inc

Analysis

Horseheads Family Resource Center Inc is a registered charity in United States, based in Horseheads, NY. It received its IRS tax-exemption ruling in October 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 June 2024, Horseheads Family Resource Center Inc reported income of $228k and spending of $216k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $172k to $228k (+33%), an average of +33% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horseheads Family Resource Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Mid Ohio Teaching Organization LLC ($228k), Pro-Life Utah ($228k) and Taking Root Farms ($228k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $61k (28% of expenses). Other salaries and wages came to $75k. At year end it held assets of $133k against liabilities of $3,893, net assets of $129k. It reported 16 employees.