Family Guidance Centers Inc

Analysis

Family Guidance Centers Inc is a registered charity in United States, based in Glenview, IL. It received its IRS tax-exemption ruling in July 1971, 55 years ago. 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 Guidance Centers Inc reported income of $49.6m and spending of $43.0m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $37.2m to $49.6m (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Guidance Centers Inc sits at the 99th 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 98th percentile within IL. Charities of a similar size with the same main cause include Samaritan Healthcare & Hospice Inc ($49.6m), CH Neurology Foundation Inc ($49.7m) and Pennsylvania Association of Area Agency on Aging Directors Inc ($49.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.1m (2.4% of expenses). Other salaries and wages came to $18.7m. At year end it held assets of $42.1m against liabilities of $7.0m, net assets of $35.1m. It reported 522 employees.