Family Assistance Program

Analysis

Family Assistance Program is a registered charity in United States, based in Victorville, CA. It received its IRS tax-exemption ruling in August 1985, 41 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 Assistance Program reported income of $10.9m and spending of $10.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $10.9m (+168%), an average of +28% a year. The sharpest change came in the year to June 2020, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Assistance Program sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Aid Upstate ($10.9m), Humentum ($10.9m) and 18 Degrees Inc ($10.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $133k (1.3% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $6.3m against liabilities of $3.8m, net assets of $2.5m. It reported 187 employees.