Family Centered Treatment Foundation Inc

Analysis

Family Centered Treatment Foundation Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Family Centered Treatment Foundation Inc reported income of $1.6m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.6m (+60%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Family Centered Treatment Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Oligo Nation ($1.6m), The Latino Alzheimers and Memory Disorders Alliance ($1.6m) and Black Hills Center for American Indian Health ($1.6m).

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 $115k (7.4% of expenses). Other salaries and wages came to $888k. At year end it held assets of $1.3m against liabilities of $546k, net assets of $764k. It reported 13 employees.