Regional Family Resource Network Inc

Analysis

Regional Family Resource Network Inc is a registered charity in United States, based in Hurricane, WV. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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, Regional Family Resource Network Inc reported income of $363k and spending of $384k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $668k to $363k (-46%), an average of -14% a year. The sharpest change came in the year to June 2022, when income dropped by 51%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Regional Family Resource Network Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within WV. Charities of a similar size with the same main cause include PTA Florida Congress ($363k), Ohio Seed Improvement Association ($363k) and Youth for Christ USA Inc ($363k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (15% of expenses). Other salaries and wages came to $35k. At year end it held assets of $148k against liabilities of $9,327, net assets of $139k. It reported 4 employees.