Fam 1st Family Foundation

Analysis

Fam 1st Family Foundation is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in April 2011, 15 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, Fam 1st Family Foundation reported income of $497k and spending of $429k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $623k to $497k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fam 1st Family Foundation sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Essentials First ($497k), Hri Community Resources Inc ($497k) and Safe Harbor Counseling Center ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 5.8% of the total. Other salaries and wages came to $157k. At year end it held assets of $837k against liabilities of $0, net assets of $837k.