Family Support Network of Central Carolina

Analysis

Family Support Network of Central Carolina is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in April 1991, 35 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 2023, Family Support Network of Central Carolina reported income of $478k and spending of $354k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $277k to $478k (+72%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Support Network of Central Carolina sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include People Empowered and Communities Enhanced ($478k), Gulfstream Park Thoroughbred After Racing Program Inc ($478k) and Healing Justice Center ($478k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $276k. At year end it held assets of $697k against liabilities of $11k, net assets of $686k. It reported 11 employees.