Families First Inc
Analysis
Families First Inc is a registered charity in United States, based in Pen Argyl, PA. It received its IRS tax-exemption ruling in July 2003, 23 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 First Inc reported income of $123k and spending of $115k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $248k to $123k (-50%), an average of -16% a year. The sharpest change came in the year to June 2020, when income dropped by 54%. Over the whole period it spent 74% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families First Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Project 828 Foundation ($123k), The Pearson Foundation ($123k) and Grossman Burn Foundation ($123k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $56k (49% of expenses). Other salaries and wages came to $12k. At year end it held assets of $281k against liabilities of $2,679, net assets of $278k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project 828 Foundation | Spring | $123k |
| The Pearson Foundation | Pearl | $123k |
| Grossman Burn Foundation | Calabasas | $123k |
| Mydream Global Foundation a NJ Nonprofit Corporation | Iselin | $123k |