Families Care Inc

Analysis

Families Care Inc is a registered charity in United States, based in Kearney, NE. It received its IRS tax-exemption ruling in March 2000, 26 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 2023, Families Care Inc reported income of $637k and spending of $540k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $632k to $637k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Care Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within NE. Charities of a similar size with the same main cause include Asbury Homes Inc ($637k), Devices 4 the Disabled ($637k) and Isaiah 58 Inc ($637k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $304k. At year end it held assets of $122k against liabilities of $16k, net assets of $105k. It reported 14 employees.