Family Guidance Center Incorporated

Analysis

Family Guidance Center Incorporated is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in July 1961, 65 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 2023, Family Guidance Center Incorporated reported income of $794k and spending of $909k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $794k (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Guidance Center Incorporated sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Angels for Humanity ($794k), Advocates of Lake County Inc ($794k) and Buttercup House Incorporated ($793k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 6.5% of the total. Other salaries and wages came to $540k. At year end it held assets of $267k against liabilities of $82k, net assets of $184k. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.