Family Service Rochester Inc

Analysis

Family Service Rochester Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in November 1965, 61 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 Rochester Inc reported income of $11.4m and spending of $10.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.6m to $11.4m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Service Rochester Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Tides Family Services Inc ($11.4m), Harris County Domestic Violence Coordinating Council ($11.4m) and Maine Coalition to End Domestic Violence ($11.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $185k (1.7% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $12.8m against liabilities of $832k, net assets of $12.0m. It reported 210 employees.