The Family Enrichment Center Inc

Analysis

The Family Enrichment Center Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Family Enrichment Center Inc reported income of $797k and spending of $806k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $797k (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Family Enrichment Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Albergue El Paraiso Inc ($797k), Little Blessings Christian Childcare Center Inc ($797k) and Celebration Childrens Center of Canastota Inc ($797k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Other salaries and wages came to $489k. At year end it held assets of $327k against liabilities of $40k, net assets of $287k. It reported 16 employees.