Family Connection Inc

Analysis

Family Connection Inc is a registered charity in United States, based in Mt Sterling, KY. It received its IRS tax-exemption ruling in July 1993, 33 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 July 2024, Family Connection Inc reported income of $2.2m and spending of $2.7m, spending 126% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $5.8m to $2.2m (-63%), an average of -18% a year. The sharpest change came in the year to July 2022, when income dropped by 44%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Connection Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within KY. Charities of a similar size with the same main cause include Camp Ocean Pines Inc ($2.2m), Under 1 Roof ($2.2m) and Gay & Lesbian Community Center of Greater Fort Lauderdale Inc ($2.2m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $115k (4.2% of expenses). Other salaries and wages came to $714k. At year end it held assets of $1.7m against liabilities of $353k, net assets of $1.3m. It reported 43 employees.