Family Place

Analysis

Family Place is a registered charity in United States, based in Leon, IA. It received its IRS tax-exemption ruling in October 2000, 26 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 June 2023, Family Place reported income of $221k and spending of $222k, spending 100% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $226k to $221k (-2.1%), an average of -1.1% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Place sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Saving Grace Outreach ($221k), African-American Fund of New Jersey Inc ($221k) and Villagesokc Inc ($221k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $27k (12% of expenses). Other salaries and wages came to $33k. At year end it held assets of $37k against liabilities of $15k, net assets of $22k. It reported 5 employees.