Family First Ministries Inc

Analysis

Family First Ministries Inc is a registered charity in United States, based in Hazard, KY. It received its IRS tax-exemption ruling in April 2016, 10 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 Ministries Inc reported income of $352k and spending of $344k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $352k (+64%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family First Ministries Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include Pura Vida Missions Inc ($352k), Dwell - Lycoming County ($352k) and Goodsource of Central Florida Inc ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $209k against liabilities of $56k, net assets of $153k.