Family Care Foundation

Analysis

Family Care Foundation is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in June 1947, 79 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Family Care Foundation reported income of $622k and spending of $481k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $359k to $622k (+73%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Family Care Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Sail to Prevail Inc ($622k), Foundation of the National Student Nurses Association ($622k) and Pediatric Oncology Support Team Inc ($621k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $28k (5.8% of expenses). At year end it held assets of $579k against liabilities of $12k, net assets of $567k. It reported 30 employees.