Family Service of Marion and Harrison Counties Inc

Analysis

Family Service of Marion and Harrison Counties Inc is a registered charity in United States, based in Fairmont, WV. It received its IRS tax-exemption ruling in February 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Family Service of Marion and Harrison Counties Inc reported income of $4.3m and spending of $4.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $4.3m (+249%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Service of Marion and Harrison Counties Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within WV. Charities of a similar size with the same main cause include Front Line Farming Inc ($4.3m), Day One New York Inc ($4.3m) and Young Mens Christian Association of the Palm Beaches Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $62k (1.4% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $1.5m against liabilities of $157k, net assets of $1.4m.