Family Central Inc

Analysis

Family Central Inc is a registered charity in United States, based in Wilton Manors, FL. It received its IRS tax-exemption ruling in September 1978, 48 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, Family Central Inc reported income of $20.7m and spending of $20.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.6m to $20.7m (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Central 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 97th percentile within FL. Charities of a similar size with the same main cause include St Edward Home ($20.7m), Northwestern University Settlement ($20.7m) and Early Milestones Colorado ($20.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Other salaries and wages came to $4.5m. At year end it held assets of $4.4m against liabilities of $2.4m, net assets of $2.0m. It reported 128 employees.