Denton County Friends of the Family Inc

Analysis

Denton County Friends of the Family Inc is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in February 1981, 45 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 December 2023, Denton County Friends of the Family Inc reported income of $7.1m and spending of $7.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $7.1m (+46%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Denton County Friends of the Family Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Bridgeport Rescue Mission Inc ($7.1m), Detroit Recovery Project ($7.1m) and Gateway Services Inc ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 13% of the total. Other salaries and wages came to $4.5m. At year end it held assets of $3.3m against liabilities of $1.5m, net assets of $1.8m.