Supreme Family Foundation Inc

Analysis

Supreme Family Foundation Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Supreme Family Foundation Inc reported income of $271k and spending of $202k, leaving 25% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $361k to $271k (-25%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 42%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Supreme Family Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include LA Hermandad Hank Lacayo Youth and Family Center ($271k), Akron Youth Mentorship ($271k) and Sumanda Inc ($271k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $65k (32% of expenses). Other salaries and wages came to $35k. At year end it held assets of $202k against liabilities of $60k, net assets of $142k. It reported 1 employees.