Children & Family Resource Center of Henderson County Inc

Analysis

Children & Family Resource Center of Henderson County Inc is a registered charity in United States, based in Hendersonvlle, NC. It received its IRS tax-exemption ruling in April 1999, 27 years ago. 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, Children & Family Resource Center of Henderson County Inc reported income of $2.1m and spending of $2.0m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $2.1m (+61%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Children & Family Resource Center of Henderson County Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Germantown Performing Arts Center ($2.1m), Johns Island Community Service League ($2.1m) and Hineni Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 6.3% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.2m against liabilities of $63k, net assets of $2.1m. It reported 41 employees.