U S Family Foundation Inc

Analysis

U S Family Foundation Inc is a registered charity in United States, based in Inverness, FL. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, U S Family Foundation Inc reported income of $4.5m and spending of $2.8m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $4.5m (+99%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 309%. Over the whole period it spent 65% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, U S Family Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Ithuriel Fund ($4.5m), Detroit Promise Zone ($4.5m) and Jewish Community Foundation of Central Pennsylvania ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 0.8% of the total. At year end it held assets of $30.1m against liabilities of $0, net assets of $30.1m.