Families First-Nc Inc

Analysis

Families First-Nc Inc is a registered charity in United States, based in Rockwell, NC. It received its IRS tax-exemption ruling in March 1994, 32 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, Families First-Nc Inc reported income of $788k and spending of $757k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $724k to $788k (+8.8%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families First-Nc 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 76th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Christian County Senior Citizens Services Fund Inc ($788k), Dalubhai Gopalbhai Patel Fund Inc ($788k) and Worlds Attic Thrift Shop Inc ($788k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $56k (7.4% of expenses). Other salaries and wages came to $427k. At year end it held assets of $457k against liabilities of $36k, net assets of $421k. It reported 37 employees.