Family Centered Services Inc

Analysis

Family Centered Services Inc is a registered charity in United States, based in Bluffton, IN. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Family Centered Services Inc reported income of $2.5m and spending of $1.2m, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $823k to $2.5m (+202%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Centered Services Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include House of New Hope ($2.5m), Hear Wisconsin Inc ($2.5m) and Crawford County Council on Aging Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $70k (5.7% of expenses). Other salaries and wages came to $767k. At year end it held assets of $2.5m against liabilities of $95k, net assets of $2.4m. It reported 40 employees.