American Family Services Foundation

Analysis

American Family Services Foundation is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in October 1975, 51 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Family Services Foundation reported income of $3.9m and spending of $3.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $784k to $3.9m (+391%), an average of +49% a year. The sharpest change came in the year to December 2020, when income rose by 250%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, American Family Services Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Dallas City Homes Inc ($3.8m), One Roof Community Housing ($3.9m) and FSL Management ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $326k (8.8% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.0m against liabilities of $471k, net assets of $3.5m. It reported 207 employees.