Therapy & Family Counseling Corp

Analysis

Therapy & Family Counseling Corp is a registered charity in United States, based in Bayamon, PR. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Therapy & Family Counseling Corp reported income of $111k and spending of $127k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $111k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Therapy & Family Counseling Corp sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 28th percentile within PR. Charities of a similar size with the same main cause include Smiles From Heaven ($111k), Black Birth Justice Inc ($112k) and Sentara Princess Anne Hospital Auxiliary Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 3.9% of the total. At year end it held assets of $63k against liabilities of $34k, net assets of $29k.