Familykind Ltd

Analysis

Familykind Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Familykind Ltd reported income of $436k and spending of $468k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $219k to $436k (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Familykind Ltd sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Social Creatures Inc ($436k), The Way Forward Foundation ($436k) and Garden Foundation Inc ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $94k (20% of expenses). It paid $21k in professional fundraising fees. At year end it held assets of $269k against liabilities of $83k, net assets of $186k. It reported 4 employees.