Families in Transition of Santa Cruz County Inc

Analysis

Families in Transition of Santa Cruz County Inc is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in January 1993, 33 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 June 2023, Families in Transition of Santa Cruz County Inc reported income of $4.6m and spending of $3.8m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.6m (+72%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families in Transition of Santa Cruz County Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Raleigh Rescue Mission Incorporated ($4.6m), Goodwin House Foundation ($4.6m) and Louisiana Childrens Research Center for Development and Learning ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $148k (3.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.8m against liabilities of $145k, net assets of $2.7m. It reported 24 employees.