Northshore Families Helping Families Inc

Analysis

Northshore Families Helping Families Inc is a registered charity in United States, based in Covington, LA. It received its IRS tax-exemption ruling in December 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, Northshore Families Helping Families Inc reported income of $286k and spending of $224k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $272k to $286k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northshore Families Helping Families Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within LA. Charities of a similar size with the same main cause include Dentists Who Care Inc ($286k), Inglewood Board of Realtors Inc ($286k) and Hope for Small Farm Sustainability ($286k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $29k (13% of expenses). Other salaries and wages came to $127k. At year end it held assets of $535k against liabilities of $135k, net assets of $400k. It reported 9 employees.