Familia Communications Group Inc

Analysis

Familia Communications Group Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Familia Communications Group Inc reported income of $232k and spending of $223k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $338k to $232k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Familia Communications Group Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Ohana Arts Inc ($232k), Cambridge Art Association ($232k) and Schoolhouse Arts Center at Sebago Lake ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $86k. At year end it held assets of $1.3m against liabilities of $1.1m, net assets of $206k. It reported 4 employees.