Families Helping Families

Analysis

Families Helping Families is a registered charity in United States, based in Clinton, CT. It received its IRS tax-exemption ruling in April 2008, 18 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 December 2021, Families Helping Families reported income of $207k and spending of $122k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2020 to December 2021, income fell from $233k to $207k (-11%), an average of -11% a year. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Helping Families sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CT. Charities of a similar size with the same main cause include Abilis Community Foundation Inc ($207k), Charity Home Care Services Inc ($207k) and Gate - Gateway to Independence ($207k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $311k against liabilities of $0, net assets of $311k.