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The Center for Family Resources Inc

RegisteredEIN 58-0876634Marietta, GAPoverty relief
Income$4.4m2023-12
Spending$4.9msame year
Spent / received111%5-year average
Size in its cause90th pctPoverty relief
Exempt since1961Publicly supported organisat
Employees35latest return

Analysis

The Center for Family Resources Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Center for Family Resources Inc reported income of $4.4m and spending of $4.9m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $4.4m (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 423%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Center for Family Resources Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Survivors and Advocates for Empowerment Safe Inc ($4.4m), Mesa Community Action Network Incorporated ($4.4m) and Inclusion Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $211k (4.3% of expenses). Other salaries and wages came to $978k. At year end it held assets of $3.4m against liabilities of $1.4m, net assets of $2.0m. It reported 35 employees.

Income and spending

$0$2.0m$4.0m$6.0m$8.0m2019 Income: $2,770,2952019 Spending: $3,065,22020192020 Income: $1,527,9232020 Spending: $3,298,16520202021 Income: $7,984,5532021 Spending: $7,815,70820212022 Income: $7,096,8332022 Spending: $7,272,08020222023 Income: $4,358,1612023 Spending: $4,936,0932023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Survivors and Advocates for Empowerment Safe IncWashington$4.4m
Mesa Community Action Network IncorporatedMesa$4.4m
Inclusion IncPortland$4.4m
Mississippi Childrens Home Services IncJackson$4.4m