Family Research Council Inc

Analysis

Family Research Council Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Family Research Council Inc reported income of $22.0m and spending of $22.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.4m to $22.0m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Research Council Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 94th percentile within DC. Charities of a similar size with the same main cause include Centros Sor Isolina Ferre Inc ($22.0m), Advocates for Life Skills and Opportunity Inc ($22.0m) and Council of Three Rivers American Indian Center Inc ($22.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $1.1m (5.2% of expenses). Other salaries and wages came to $7.6m. It paid $118k in professional fundraising fees. At year end it held assets of $21.6m against liabilities of $9.2m, net assets of $12.4m. It reported 116 employees.