Support to Encourage Low Income Families

Analysis

Support to Encourage Low Income Families is a registered charity in United States, based in Hamilton, OH. It received its IRS tax-exemption ruling in December 1995, 31 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, Support to Encourage Low Income Families reported income of $8.7m and spending of $8.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $8.7m (+281%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 240%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Support to Encourage Low Income Families sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Bakersfield Arc Inc ($8.7m), Goldie B Floberg Center for Children ($8.7m) and Farm Fresh Rhode Island ($8.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $141k (1.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.7m against liabilities of $1.8m, net assets of $842k. It reported 52 employees.