Firstlink

Analysis

Firstlink is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in September 1991, 35 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 December 2023, Firstlink reported income of $1.9m and spending of $1.8m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $854k to $1.9m (+128%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Firstlink sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within ND. Charities of a similar size with the same main cause include Babys Bounty ($1.9m), Hospice of Orleans Inc ($2.0m) and Youth 180 Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $84k (4.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.6m against liabilities of $375k, net assets of $1.2m. It reported 67 employees.