Family Service Association Inc

Analysis

Family Service Association Inc is a registered charity in United States, based in Moraine, OH. It received its IRS tax-exemption ruling in March 1957, 69 years ago. 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 2023, Family Service Association Inc reported income of $1.5m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.5m (+9.3%), an average of +2.2% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Service Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include The Depaul School for Dyslexia Inc ($1.5m), Jewish Federation of Reading Pennsylvania Inc ($1.5m) and Family Crisis Center Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $86k (5.4% of expenses). Other salaries and wages came to $856k. At year end it held assets of $2.2m against liabilities of $649k, net assets of $1.6m. It reported 32 employees.