Institute for Family-Centered Care Inc

Analysis

Institute for Family-Centered Care Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in February 1993, 33 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, Institute for Family-Centered Care Inc reported income of $1.0m and spending of $896k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.0m (-23%), an average of -6.2% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Institute for Family-Centered Care Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Pike County Senior Citizens Program Inc ($1.0m), Top of Texas Charitable Organization Inc ($1.0m) and Hill-Ray Plaza ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $392k (44% of expenses). Other salaries and wages came to $194k. At year end it held assets of $550k against liabilities of $149k, net assets of $401k. It reported 11 employees.