Family First Inc

Analysis

Family First Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in May 1991, 35 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 December 2023, Family First Inc reported income of $20.2m and spending of $15.3m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.7m to $20.2m (+325%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family First 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 Damien Center Inc ($20.2m), Foodcorps Inc ($20.2m) and Valley Oak Childrens Services Inc ($20.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $848k (5.6% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $13.1m against liabilities of $2.2m, net assets of $10.9m. It reported 51 employees.