Center for Family Support Foundation Inc

Analysis

Center for Family Support Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Center for Family Support Foundation Inc reported income of $179k and spending of $105k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $136k to $179k (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Family Support Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Portage Foundation ($179k), Kids Needs-Greater Englewood FL Inc ($179k) and Isaiah Closet Inc ($179k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $662k against liabilities of $43k, net assets of $619k.