Families Reaching Out Group

Analysis

Families Reaching Out Group is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in September 2014, 12 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, Families Reaching Out Group reported income of $99k and spending of $83k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $99k (-17%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Reaching Out Group sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Debo Inc ($99k), Greater Kansas City National Hispanic Heritage Committee Inc ($99k) and Coplay ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $271k against liabilities of $0, net assets of $271k.