Families First of Monroe County Inc

Analysis

Families First of Monroe County Inc is a registered charity in United States, based in Tomah, WI. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Families First of Monroe County Inc reported income of $297k and spending of $278k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $297k (+98%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Families First of Monroe County Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within WI. Charities of a similar size with the same main cause include Open Employment Inc ($296k), Lake Chelan Rotary Community & International Fund ($297k) and Houghton Jones Neighborhood Task Force Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $55k (20% of expenses). Other salaries and wages came to $70k. At year end it held assets of $154k against liabilities of $15k, net assets of $139k. It reported 5 employees.