Family Support Network

Analysis

Family Support Network is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Support Network reported income of $461k and spending of $714k, spending 155% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $609k to $461k (-24%), an average of -6.8% a year. The sharpest change came in the year to June 2022, when income dropped by 45%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Family Support Network sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MT. Charities of a similar size with the same main cause include Achieve Hartford Inc ($461k), Do Good Productions Inc ($461k) and San Joaquin County Office of Education Educational Foundation ($461k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 73% of the total. Other salaries and wages came to $447k. At year end it held assets of $740k against liabilities of $213k, net assets of $527k.