Family Service of Roanoke Valley

Analysis

Family Service of Roanoke Valley is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in August 1972, 54 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, Family Service of Roanoke Valley reported income of $2.8m and spending of $2.2m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.8m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2023, when income rose by 47%. 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, Family Service of Roanoke Valley sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Domestic Violence Center of Chester County ($2.8m), Visionlink ($2.8m) and Nicholas County Empowerment Corporation Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $105k (4.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.5m against liabilities of $870k, net assets of $1.6m. It reported 56 employees.