Family Care Network Inc

Analysis

Family Care Network Inc is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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 2024, Family Care Network Inc reported income of $17.2m and spending of $16.2m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $18.3m to $17.2m (-6.2%), an average of -1.6% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Care Network Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include The Mental Health Association of Oregon ($17.2m), Tlc- the Treatment & Learning Centers Inc ($17.2m) and Alameda County Tobacco Asset Securitization Corporation ($17.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.6m (10% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $22.1m against liabilities of $9.4m, net assets of $12.7m. It reported 138 employees.