Family Advocates Inc

Analysis

Family Advocates Inc is a registered charity in United States, based in Platteville, WI. It received its IRS tax-exemption ruling in September 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 Advocates Inc reported income of $4.1m and spending of $913k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $683k to $4.1m (+503%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 255%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Advocates Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Lake Travis Youth Association ($4.1m), St Joseph Montessori School ($4.1m) and L a Works Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $83k (9.1% of expenses). Other salaries and wages came to $491k. At year end it held assets of $4.5m against liabilities of $553k, net assets of $4.0m. It reported 18 employees.