Families Helping Families of Northeast Louisiana

Analysis

Families Helping Families of Northeast Louisiana is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. 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 Northeast Louisiana reported income of $476k and spending of $456k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $400k to $476k (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Families Helping Families of Northeast Louisiana 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 69th percentile, and in the 68th percentile within LA. Charities of a similar size with the same main cause include Red Top Inc ($476k), Wisconsin Public Health Association Inc ($476k) and Bloom Center for Art and Integrated Therapies LLC ($476k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $75k (17% of expenses). Other salaries and wages came to $114k. At year end it held assets of $253k against liabilities of $7,100, net assets of $246k. It reported 12 employees.