Families First of Palm Beach County Foundation Inc

Analysis

Families First of Palm Beach County Foundation Inc is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Families First of Palm Beach County Foundation Inc reported income of $513k and spending of $200k, leaving 61% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $185k to $513k (+177%), an average of +29% a year. The sharpest change came in the year to September 2023, when income rose by 218%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families First of Palm Beach County Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Corpus Christi Inc ($513k), Hunters Sharing the Harvest Inc ($513k) and Village to Village Inc ($513k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% of the total. Other salaries and wages came to $151k. At year end it held assets of $946k against liabilities of $48k, net assets of $898k.