Employee and Family Resources Inc

Analysis

Employee and Family Resources Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in June 1965, 61 years ago. 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 June 2023, Employee and Family Resources Inc reported income of $5.9m and spending of $6.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $5.9m (+18%), an average of +4.2% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Employee and Family Resources Inc 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 93rd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include Friends Boarding Home ($5.9m), Hospicare and Palliative Care Services of Tompkins County Inc ($5.9m) and Relief Nursery Inc ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $347k (5.8% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $5.4m against liabilities of $2.5m, net assets of $2.9m. It reported 73 employees.