Family Outreach Center
Analysis
Family Outreach Center is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in April 1982, 44 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, Family Outreach Center reported income of $5.5m and spending of $5.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $5.5m (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 93% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Outreach Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Mississippi University for Women Foundation ($5.5m), Coalition for the Homeless ($5.5m) and East Carolina University Medical & Health Sciences Foundation Inc ($5.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $179k (3.3% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $3.6m against liabilities of $420k, net assets of $3.2m. It reported 121 employees.
Income and spending
Where the income comes from
- Contributions & grants 68%
- Program services 31%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mississippi University for Women Foundation | Columbus | $5.5m |
| Coalition for the Homeless | Louisville | $5.5m |
| East Carolina University Medical & Health Sciences Foundation Inc | Greenville | $5.5m |
| Caesars Foundation of Floyd County Inc | New Albany | $5.5m |