Friends of Children and Families Inc
Analysis
Friends of Children and Families Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 1987, 39 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, Friends of Children and Families Inc reported income of $3.0m and spending of $3.0m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.5m to $3.0m (+18%), an average of +5.7% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 112% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Children and Families Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Hildebrand Homecare Inc ($3.0m), Destin Harvest Inc ($3.0m) and Coastside Hope ($3.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.3% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $1.1m against liabilities of $174k, net assets of $894k. It reported 64 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 4.3%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hildebrand Homecare Inc | Canon City | $3.0m |
| Destin Harvest Inc | Ft Walton BCH | $3.0m |
| Coastside Hope | Half Moon Bay | $3.0m |
| Young Mens Christian Association | Medford | $3.0m |