Fayette Family Resource Network

Analysis

Fayette Family Resource Network is a registered charity in United States, based in Oak Hill, WV. It received its IRS tax-exemption ruling in May 2010, 16 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 2024, Fayette Family Resource Network reported income of $215k and spending of $193k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $270k to $215k (-21%), an average of -20% a year. The sharpest change came in the year to June 2024, when income dropped by 21%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fayette Family Resource Network sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within WV. Charities of a similar size with the same main cause include Helping Our Riders Succeed in Education ($215k), Helping Hands of Hickman County ($215k) and Community Matters Insurance Partners of Charlotte ($215k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 24% of the total. Other salaries and wages came to $127k. At year end it held assets of $280k against liabilities of $238k, net assets of $43k.