Family & Children Services Inc

Analysis

Family & Children Services Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in November 1993, 33 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 December 2023, Family & Children Services Inc reported income of $9.7m and spending of $10.4m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.9m to $9.7m (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family & Children Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Community Nutrition Network and Senior Services Association ($9.7m), Young Mens Christian Association Blue Ridge Assembly ($9.7m) and Omaha Home for Boys ($9.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $335k (3.2% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $31.2m against liabilities of $831k, net assets of $30.4m. It reported 159 employees.