The Information Center Inc the Family Resource Place

Analysis

The Information Center Inc the Family Resource Place is a registered charity in United States, based in Taylor, MI. It received its IRS tax-exemption ruling in May 1978, 48 years ago. 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, The Information Center Inc the Family Resource Place reported income of $10.5m and spending of $9.8m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.8m to $10.5m (+7.6%), an average of +1.9% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Information Center Inc the Family Resource Place sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Wesco Industries ($10.5m), The New Canaan Community Young Mens Christian Association Inc ($10.5m) and Fallon Medical Complex Inc ($10.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $284k (2.9% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $8.5m against liabilities of $1.4m, net assets of $7.1m. It reported 51 employees.