Families Helping Families at the Crossroads of Louisiana Inc
Analysis
Families Helping Families at the Crossroads of Louisiana Inc is a registered charity in United States, based in Pineville, LA. It received its IRS tax-exemption ruling in March 1993, 33 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 at the Crossroads of Louisiana Inc reported income of $1.6m and spending of $1.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.6m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Helping Families at the Crossroads of Louisiana Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include Share the Magic Foundation Inc ($1.6m), West Chester Area Day Care Center ($1.6m) and Chatham Transit Network ($1.6m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $865k (55% of expenses). At year end it held assets of $421k against liabilities of $34k, net assets of $387k. It reported 29 employees.
Income and spending
Where the income comes from
- Program services 99%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Share the Magic Foundation Inc | Atlanta | $1.6m |
| West Chester Area Day Care Center | West Chester | $1.6m |
| Chatham Transit Network | Pittsboro | $1.6m |
| Minneapolis Va Employees Child Care Corporation | Minneapolis | $1.6m |