Family Foundation Fund Inc

Analysis

Family Foundation Fund Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 1993, 33 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 Foundation Fund Inc reported income of $211k and spending of $297k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $304k to $211k (-30%), an average of -8.7% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Foundation Fund Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Forest Acres Inc ($211k), Asi Stillwater Inc ($211k) and Knots of Love Inc ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $63k (21% of expenses). Other salaries and wages came to $44k. At year end it held assets of $138k against liabilities of $12k, net assets of $126k. It reported 4 employees.