Family Service Foundation of Houston

Analysis

Family Service Foundation of Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1977, 49 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, Family Service Foundation of Houston reported income of $4.6m and spending of $826k, leaving 82% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $97k to $4.6m (+4700%), an average of +163% a year. The sharpest change came in the year to June 2021, when income rose by 1214%. Over the whole period it spent 14% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Service Foundation of Houston sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Compassionate Care ALS Inc ($4.6m), Maryland Community Connection ($4.6m) and Family & Childrens Service Inc of Monmouth County ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $17.5m against liabilities of $3,144, net assets of $17.5m.