Families and Communities Rising Inc

Analysis

Families and Communities Rising Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Families and Communities Rising Inc reported income of $18.6m and spending of $17.1m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $18.8m to $18.6m (-0.7%), an average of -0.2% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Families and Communities Rising Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Alliance Health of Wrentham Inc ($18.6m), Groundswell Fund ($18.6m) and Adp Foundation ($18.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $543k (3.2% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $11.6m against liabilities of $2.2m, net assets of $9.4m. It reported 209 employees.