Family Honor Inc

Analysis

Family Honor Inc is a registered charity in United States, based in Mauldin, SC. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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, Family Honor Inc reported income of $93k and spending of $97k, spending 104% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $100k to $93k (-7.0%), an average of -7.0% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Honor Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 41st percentile within SC. Charities of a similar size with the same main cause include Eastern Amateur Ski Education Foundation ($93k), Quintet of the Americas Inc ($93k) and Study the Options Please Inc ($93k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 17% of the total. At year end it held assets of $71k against liabilities of $3,465, net assets of $67k.