Family Teams for Life Inc

Analysis

Family Teams for Life Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in March 1998, 28 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, Family Teams for Life Inc reported income of $86k and spending of $94k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $86k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Teams for Life Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within AL. Charities of a similar size with the same main cause include Aaliyah in Action Inc ($86k), Senior Resource Center of New Jersey a NJ Nonprofit Corporation ($86k) and Haven Sanctuary for Women Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $204k against liabilities of $1,987, net assets of $202k.