Family Health Ministries Inc

Analysis

Family Health Ministries Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Family Health Ministries Inc reported income of $367k and spending of $462k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $467k to $367k (-21%), an average of -5.9% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Family Health Ministries Inc 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 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Play Frontier ($367k), Georgia Association of Fire Chiefs Inc ($367k) and Homecoming Project ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $72k (16% of expenses). Other salaries and wages came to $76k. At year end it held assets of $1.4m against liabilities of $477, net assets of $1.4m. It reported 3 employees.