Families Helping Families of Southwest Louisiana

Analysis

Families Helping Families of Southwest Louisiana is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in July 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 Southwest Louisiana reported income of $567k and spending of $585k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $527k to $567k (+7.6%), an average of +1.9% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 90% 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 Southwest Louisiana sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within LA. Charities of a similar size with the same main cause include National Alliance for Hispanic Families ($567k), Precious Hearts Development Center Inc ($567k) and Mia Spokane ($567k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $51k (8.8% of expenses). Other salaries and wages came to $342k. At year end it held assets of $1.0m against liabilities of $15k, net assets of $999k. It reported 18 employees.