Families Especial Inc

Analysis

Families Especial Inc is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in May 2005, 21 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 August 2023, Families Especial Inc reported income of $1.6m and spending of $1.6m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $1.6m (+12%), an average of +2.8% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Especial 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 88th percentile within TX. Charities of a similar size with the same main cause include Christian Caring Center Pemberton Inc ($1.6m), The Gift of Learning Foundation Inc ($1.6m) and Avigdors Helping Hand Inc ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $71k (4.3% of expenses). Other salaries and wages came to $421k. At year end it held assets of $476k against liabilities of $37k, net assets of $440k. It reported 11 employees.