Families Helping Families

Analysis

Families Helping Families is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in June 2006, 20 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, Families Helping Families reported income of $283k and spending of $215k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $206k to $283k (+37%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Helping Families sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IA. Charities of a similar size with the same main cause include Hope Orphan Home Foundation NFP ($283k), Valley Hope Counseling Center Incorporated ($283k) and Caring Voices ($283k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $71k (33% of expenses). Other salaries and wages came to $33k. At year end it held assets of $626k against liabilities of $31k, net assets of $594k. It reported 2 employees.