Family Builders Inc

Analysis

Family Builders Inc is a registered charity in United States, based in Olney, MD. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Family Builders Inc reported income of $124k and spending of $115k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $124k (+13%), an average of +13% a year. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Family Builders Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include Usanyc Chinatown Christian Church Inc ($124k), The Seimei Spiritual Foundation Inc ($124k) and Holy Land Christian Ecumenical Foundation Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.0% of the total. At year end it held assets of $19k against liabilities of $13k, net assets of $6,135.