Centers for Family Development Incorporated

Analysis

Centers for Family Development Incorporated is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in October 1980, 46 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 December 2023, Centers for Family Development Incorporated reported income of $17.3m and spending of $15.1m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $18.0m to $17.3m (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centers for Family Development Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include St Andrews Presbyterian College ($17.3m), Western Connecticut Home Care Inc ($17.3m) and Weachieve Inc ($17.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $8.8m. At year end it held assets of $10.8m against liabilities of $3.0m, net assets of $7.8m. It reported 135 employees.