Ferrees Group Home Incorporated

Analysis

Ferrees Group Home Incorporated is a registered charity in United States, based in Cabazon, CA. It received its IRS tax-exemption ruling in May 1988, 38 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, Ferrees Group Home Incorporated reported income of $1.5m and spending of $1.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ferrees Group Home Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include West Side Community House ($1.5m), First Class Learning and Development Center Inc ($1.5m) and Mulherin Custodial Home Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 65% of the total. Compensation of current officers, directors and key employees was $204k (15% of expenses). Other salaries and wages came to $740k. At year end it held assets of $526k against liabilities of $120k, net assets of $406k. It reported 27 employees.