Presbyterian Family Foundation Inc

Analysis

Presbyterian Family Foundation Inc is a registered charity in United States, based in Willmar, MN. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Presbyterian Family Foundation Inc reported income of $4.4m and spending of $4.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $4.4m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Presbyterian Family Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include San Juan Center for Independence Inc ($4.4m), Interfaith Community Services Inc ($4.4m) and Heart Havens Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $84k (1.9% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $3.3m against liabilities of $335k, net assets of $2.9m. It reported 120 employees.