FRG Family Fund Inc

Analysis

FRG Family Fund Inc is a registered charity in United States, based in Independence, OH. It received its IRS tax-exemption ruling in November 2014, 12 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 December 2023, FRG Family Fund Inc reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $896k to $1.2m (+30%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 19%. 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, FRG Family Fund Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Miracle Messages ($1.2m), Pathways of Wisconsin Inc ($1.2m) and Safe Haven Ministries Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $52k. At year end it held assets of $73k against liabilities of $11k, net assets of $62k.