Tuscaloosa Family Resource Center Inc

Analysis

Tuscaloosa Family Resource Center Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in March 1999, 27 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 September 2023, Tuscaloosa Family Resource Center Inc reported income of $4.3m and spending of $4.3m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.1m to $4.3m (+40%), an average of +8.7% a year. The sharpest change came in the year to September 2021, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tuscaloosa Family Resource Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Contra Costa Youth Service Bureau ($4.3m), New Mexico Christian Childrens Home Inc ($4.3m) and Heat Up St Louis Inc ($4.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $3.0m against liabilities of $2.1m, net assets of $918k. It reported 261 employees.