Familywise Services

Analysis

Familywise Services is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1979, 47 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Familywise Services reported income of $3.8m and spending of $3.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.8m (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Familywise Services sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Community Econsult Network Inc ($3.8m), American Sports Medicine Institute Inc ($3.8m) and Good Samaritan Health Center of Gwinnett Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $151k (4.1% of expenses). Other salaries and wages came to $2.0m. It paid $64k in professional fundraising fees. At year end it held assets of $3.6m against liabilities of $273k, net assets of $3.3m. It reported 66 employees.