Family Impact Network

Analysis

Family Impact Network is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in April 2015, 11 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, Family Impact Network reported income of $24.5m and spending of $24.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.6m to $24.5m (+81%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Impact Network sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Wissahickon Hospice of Uphs ($24.5m), Living Opportunities of Depaul Inc ($24.5m) and Community Harvest Food Bank of Northeast Indiana Inc ($24.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $356k (1.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.4m against liabilities of $1.4m, net assets of $1.0m. It reported 26 employees.