Family Housing Network of Fort Collins Inc

Analysis

Family Housing Network of Fort Collins Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in June 2017, 9 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 June 2024, Family Housing Network of Fort Collins Inc reported income of $822k and spending of $805k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $237k to $822k (+246%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 154%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Housing Network of Fort Collins Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include Havenwood-Heritage Heights Trust Fund ($822k), Lymelight Foundation Inc ($822k) and His Hope Teen Challenge Inc ($822k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $109k (14% of expenses). Other salaries and wages came to $319k. At year end it held assets of $1.9m against liabilities of $255k, net assets of $1.6m. It reported 11 employees.