Family Success Center of Etowah County Inc

Analysis

Family Success Center of Etowah County Inc is a registered charity in United States, based in Gadsden, AL. It received its IRS tax-exemption ruling in December 2001, 25 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, Family Success Center of Etowah County Inc reported income of $947k and spending of $718k, leaving 24% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $275k to $947k (+244%), an average of +51% a year. The sharpest change came in the year to September 2023, when income rose by 129%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Success Center of Etowah County Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within AL. Charities of a similar size with the same main cause include Twelve Corners Day Care Center ($947k), Clarksville-Montgomery County Senior Citizens Association ($947k) and Vibrant Faith Ministries ($946k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $75k (10% of expenses). Other salaries and wages came to $439k. At year end it held assets of $599k against liabilities of $17k, net assets of $582k. It reported 19 employees.