Family Resource Center Inc

Analysis

Family Resource Center Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in May 1999, 27 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 Resource Center Inc reported income of $403k and spending of $347k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $268k to $403k (+50%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Resource Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Community Literature Initiative ($403k), Destiny Christian Church ($403k) and Lake Okeechobee Rural Health Network Inc ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $143k. At year end it held assets of $458k against liabilities of $52k, net assets of $406k. It reported 13 employees.