Salem Family Resources-Success by 6

Analysis

Salem Family Resources-Success by 6 is a registered charity in United States, based in Salem, NH. It received its IRS tax-exemption ruling in October 2005, 21 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, Salem Family Resources-Success by 6 reported income of $448k and spending of $448k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $209k to $448k (+115%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salem Family Resources-Success by 6 sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within NH. Charities of a similar size with the same main cause include Arizona Knights of Columbus Charity Inc ($448k), Strengthen Our Sisters Inc ($448k) and Barrier Free Living Holding Inc ($448k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $68k (15% of expenses). Other salaries and wages came to $243k. At year end it held assets of $298k against liabilities of $3,299, net assets of $295k. It reported 11 employees.