Metropolitan Family Services

Analysis

Metropolitan Family Services is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1952, 74 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 June 2023, Metropolitan Family Services reported income of $133.8m and spending of $131.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $61.0m to $133.8m (+119%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 45%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Metropolitan Family Services sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include The Moorings Incorporated ($132.9m), Welllife Network Inc ($133.9m) and Central Pennsylvania Food Bank ($132.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $1.0m (0.8% of expenses). Other salaries and wages came to $47.1m. At year end it held assets of $146.7m against liabilities of $61.2m, net assets of $85.5m. It reported 1,783 employees.