Family Support and Resource Center Inc

Analysis

Family Support and Resource Center Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 1986, 40 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 Support and Resource Center Inc reported income of $2.3m and spending of $2.4m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.3m (+3.3%), an average of +0.8% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Support and Resource Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Angus Foundation ($2.3m), New York City Industrial Technology Assistance Corporation ($2.3m) and James River Senior Citizens Center Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $131k (5.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $573k against liabilities of $69k, net assets of $505k. It reported 27 employees.