Family Futures

Analysis

Family Futures is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 Futures reported income of $4.6m and spending of $4.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $4.6m (+205%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Family Futures sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include Child Abuse Network Inc ($4.6m), Open Doors Social Services ($4.6m) and Real Escape From the Sex Trade ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $148k (3.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.3m against liabilities of $553k, net assets of $1.7m. It reported 41 employees.