Family Service Association of Sheboygan Inc

Analysis

Family Service Association of Sheboygan Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in August 1953, 73 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 Service Association of Sheboygan Inc reported income of $509k and spending of $555k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $634k to $509k (-20%), an average of -5.3% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Service Association of Sheboygan Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include Early Life Academy ($509k), Chelan Valley Hope ($509k) and Age Well at Home ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $43k (7.7% of expenses). Other salaries and wages came to $281k. At year end it held assets of $947k against liabilities of $85k, net assets of $862k. It reported 15 employees.