Families Helping Families of Acadiana

Analysis

Families Helping Families of Acadiana is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in April 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 Acadiana reported income of $398k and spending of $362k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $234k to $398k (+70%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 37%. 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, Families Helping Families of Acadiana sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within LA. Charities of a similar size with the same main cause include Jacobs Home ($398k), Evac Inc ($398k) and African Alliance of Rhode Island ($398k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $50k (14% of expenses). Other salaries and wages came to $181k. At year end it held assets of $384k against liabilities of $4,968, net assets of $379k. It reported 9 employees.