Fraser Child and Family Center
Analysis
Fraser Child and Family Center is a registered charity in United States, based in Richfield, MN. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Fraser Child and Family Center reported income of $55.7m and spending of $61.8m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $43.3m to $55.7m (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 104% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fraser Child and Family Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include Nevada Donor Network Inc ($55.7m), Mariposa Community Health Center Inc ($55.7m) and Central Montana Medical Facilities Inc ($55.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $425k (0.7% of expenses). Other salaries and wages came to $41.5m. At year end it held assets of $10.1m against liabilities of $1.4m, net assets of $8.8m.
Income and spending
Where the income comes from
- Contributions & grants 0.6%
- Program services 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Nevada Donor Network Inc | Las Vegas | $55.7m |
| Mariposa Community Health Center Inc | Nogales | $55.7m |
| Central Montana Medical Facilities Inc | Lewistown | $55.6m |
| Trinity Medical Wny PC | Buffalo | $55.7m |