Family Rescue

Analysis

Family Rescue is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 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 June 2023, Family Rescue reported income of $7.1m and spending of $6.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $7.1m (+82%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Rescue sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Detroit Recovery Project ($7.1m), Young Mens Christian Association of Wichita Falls ($7.1m) and Denton County Friends of the Family Inc ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $249k (3.7% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $5.5m against liabilities of $1.9m, net assets of $3.6m. It reported 77 employees.