Family Impact Centers

Analysis

Family Impact Centers is a registered charity in United States, based in Fowlerville, MI. It received its IRS tax-exemption ruling in February 2001, 25 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 Impact Centers reported income of $106k and spending of $153k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $106k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Impact Centers sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within MI. Charities of a similar size with the same main cause include Fairmont Area Kinship Inc ($106k), Truth for Youth Inc ($106k) and Duncan Manor II Incorporated ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $80k (52% of expenses). Other salaries and wages came to $3,951. At year end it held assets of $760k against liabilities of $55k, net assets of $705k. It reported 3 employees.