Family Service of High Point Foundation Inc

Analysis

Family Service of High Point Foundation Inc is a registered charity in United States, based in Jamestown, NC. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Family Service of High Point Foundation Inc reported income of $528k and spending of $562k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $430k to $528k (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Service of High Point Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include One Heart Warriors ($528k), Galveston Island Meals on Wheels Inc ($528k) and Northcoast Regional Land Trust ($527k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% of the total. At year end it held assets of $3.4m against liabilities of $162k, net assets of $3.3m.