Families First Inc

Analysis

Families First Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 1942, 84 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 June 2023, Families First Inc reported income of $14.0m and spending of $6.3m, leaving 55% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.6m to $14.0m (+84%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 94%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families First Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Renaissance Community Homes ($14.0m), Heritage Health and Housing Inc ($14.0m) and Scanlan Foundation ($14.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $561k (8.9% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $20.3m against liabilities of $589k, net assets of $19.8m. It reported 86 employees.