Keweenaw Family Resource Center

Analysis

Keweenaw Family Resource Center is a registered charity in United States, based in Houghton, MI. It received its IRS tax-exemption ruling in October 1994, 32 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 September 2023, Keweenaw Family Resource Center reported income of $725k and spending of $520k, leaving 28% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $246k to $725k (+194%), an average of +31% a year. The sharpest change came in the year to September 2023, when income rose by 59%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Keweenaw Family Resource Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Clover Area Assistance Center Inc ($725k), St Francis Hospital Foundation ($725k) and Dalhart Area Child Care Center Inc ($725k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Other salaries and wages came to $251k. At year end it held assets of $571k against liabilities of $150k, net assets of $420k. It reported 10 employees.