Family Service of the Piedmont Inc

Analysis

Family Service of the Piedmont Inc is a registered charity in United States, based in Jamestown, NC. It received its IRS tax-exemption ruling in May 1995, 31 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 the Piedmont Inc reported income of $10.8m and spending of $10.3m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.7m to $10.8m (+24%), an average of +5.5% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Service of the Piedmont Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Erie Neighborhood House ($10.8m), Pomeroy Recreation and Rehabilitation Center ($10.8m) and Peppermint Ridge ($10.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $266k (2.6% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $4.5m against liabilities of $1.8m, net assets of $2.8m. It reported 172 employees.