Family Service Agency Inc

Analysis

Family Service Agency Inc is a registered charity in United States, based in N Little Rock, AR. It received its IRS tax-exemption ruling in October 1951, 75 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 Service Agency Inc reported income of $1.3m and spending of $1.4m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $859k to $1.3m (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Service Agency Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within AR. Charities of a similar size with the same main cause include Service Over Self Incorporated ($1.3m), Vocational Coaching and Development Institute Inc ($1.3m) and Garretson Child Care Corporation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $98k (7.0% of expenses). Other salaries and wages came to $590k. At year end it held assets of $796k against liabilities of $1.1m, net assets of -$286k. It reported 32 employees.