Family Service Residential Inc

Analysis

Family Service Residential Inc is a registered charity in United States, based in Tinley Park, IL. It received its IRS tax-exemption ruling in December 1993, 33 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 Service Residential Inc reported income of $74k and spending of $97k, spending 131% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $122k to $74k (-40%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Service Residential Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include PTA Texas Congress ($74k), Junior Auxiliary of Columbia ($74k) and St Anthonys Endowment Fund ($74k).

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 $11k (11% of expenses). At year end it held assets of $531k against liabilities of $800k, net assets of -$269k.