Families Helping Families of Greater New Orleans Inc

Analysis

Families Helping Families of Greater New Orleans Inc is a registered charity in United States, based in Harahan, LA. It received its IRS tax-exemption ruling in May 1992, 34 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 of Greater New Orleans Inc reported income of $602k and spending of $528k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $572k to $602k (+5.1%), an average of +1.7% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Helping Families of Greater New Orleans Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within LA. Charities of a similar size with the same main cause include Resources for Infant Educarers ($602k), Feast Inc ($602k) and Families of Fana-Wny Inc ($602k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $89k (17% of expenses). Other salaries and wages came to $240k. At year end it held assets of $1.2m against liabilities of $24k, net assets of $1.1m. It reported 11 employees.