Family Connection Inc
Analysis
Family Connection Inc is a registered charity in United States, based in Alabaster, AL. It received its IRS tax-exemption ruling in July 1983, 43 years ago. 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 Connection Inc reported income of $926k and spending of $1.2m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $926k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 101% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Connection Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within AL. Charities of a similar size with the same main cause include Central Christian Church Apartments Inc ($926k), Music in the Mountains Inc ($926k) and Your Neighborhood Connection LLC ($925k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $172k (15% of expenses). Other salaries and wages came to $526k. At year end it held assets of $1.4m against liabilities of $81k, net assets of $1.3m. It reported 30 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 0.4%
- Other 4.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Central Christian Church Apartments Inc | Lexington | $926k |
| Music in the Mountains Inc | Durango | $926k |
| Your Neighborhood Connection LLC | Lititz | $925k |
| Newton Girls Soccer Inc | Newton U F | $926k |