Family Service of Greensboro Foundation Inc

Analysis

Family Service of Greensboro Foundation Inc is a registered charity in United States, based in Jamestown, NC. It received its IRS tax-exemption ruling in July 1955, 71 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, Family Service of Greensboro Foundation Inc reported income of $837k and spending of $902k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $785k to $837k (+6.6%), an average of +1.6% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Service of Greensboro Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Kennedys Assistive Living & Educational Facility ($837k), Aloha Independent Living Hawaii ($837k) and Coal Creek Meals on Wheels ($836k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $3.3m against liabilities of $76k, net assets of $3.2m.