Family House Inc

Analysis

Family House Inc is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in April 1982, 44 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 House Inc reported income of $248k and spending of $220k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $201k to $248k (+24%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family House Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include 4 the Fallen ($248k), Fare Meals Inc ($248k) and Little Rangers Learning Center ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $23k (11% of expenses). Other salaries and wages came to $123k. At year end it held assets of $298k against liabilities of $2,160, net assets of $295k. It reported 18 employees.