Family Assistance Ministries

Analysis

Family Assistance Ministries is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Ministries reported income of $10.0m and spending of $10.1m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.9m to $10.0m (+12%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Family Assistance Ministries 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 95th percentile within CA. Charities of a similar size with the same main cause include Silver Valley Research Foundation ($10.0m), Moriah Foundation ($10.0m) and Friends of Ahavat Shalom Inc ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $239k (2.4% of expenses). Other salaries and wages came to $1.8m. It paid $109k in professional fundraising fees. At year end it held assets of $4.7m against liabilities of $1.9m, net assets of $2.8m. It reported 59 employees.