Families in Rich Encounters

Analysis

Families in Rich Encounters is a registered charity in United States, based in Mission Viejo, CA. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Families in Rich Encounters reported income of $118k and spending of $147k, spending 125% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $223k to $118k (-47%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. 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, Families in Rich Encounters sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Living Water for Kenya ($118k), Center for Pregnancy Choices of Lawrence County Inc ($118k) and True Love Ministry Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $29k against liabilities of $304, net assets of $28k.