Family Resource Network a Calif Non-Profit Public Benefit Corp

Analysis

Family Resource Network a Calif Non-Profit Public Benefit Corp is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in June 2024, 2 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 June 2023, Family Resource Network a Calif Non-Profit Public Benefit Corp reported income of $341k and spending of $327k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $284k to $341k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Resource Network a Calif Non-Profit Public Benefit Corp sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include American Friends-International Young Israel Movement Inc ($341k), First Workings Inc ($341k) and Renacer Social Corp ($341k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $70k (22% of expenses). Other salaries and wages came to $84k. At year end it held assets of $508k against liabilities of $83k, net assets of $425k. It reported 6 employees.