Children and Family Futures Inc

Analysis

Children and Family Futures Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Children and Family Futures Inc reported income of $5.5m and spending of $4.6m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.5m to $5.5m (-42%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Children and Family Futures Inc 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 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Arizona Opera Company ($5.5m), Lighthouse Support ($5.5m) and Kalw Public Media Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $584k (13% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $3.6m against liabilities of $556k, net assets of $3.0m. It reported 41 employees.