Family-Centered Educational Agency Inc

Analysis

Family-Centered Educational Agency Inc is a registered charity in United States, based in South Holland, IL. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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-Centered Educational Agency Inc reported income of $3.0m and spending of $3.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.0m (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Family-Centered Educational Agency Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Employment Options Inc ($3.0m), Handi Shop Industries Inc ($3.0m) and Build Rehabilitation Industries Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $122k (3.9% of expenses). At year end it held assets of $1.4m against liabilities of $160k, net assets of $1.3m. It reported 43 employees.