Family and Childrens Services of Mid-Michigan FCSM

Analysis

Family and Childrens Services of Mid-Michigan FCSM is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Family and Childrens Services of Mid-Michigan FCSM reported income of $1.2m and spending of $1.4m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+7.0%), an average of +1.7% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family and Childrens Services of Mid-Michigan FCSM sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Vaad Hakashrus of Dallas Inc ($1.2m), Heart 2 Heart Volunteers Inc ($1.2m) and Generations Crossing ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $156k (12% of expenses). Other salaries and wages came to $735k. At year end it held assets of $1.9m against liabilities of $192k, net assets of $1.7m. It reported 24 employees.