Family of Care Real Estate Holding Co Inc

Analysis

Family of Care Real Estate Holding Co Inc is a registered charity in United States, based in LA Plata, MD. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Family of Care Real Estate Holding Co Inc reported income of $1.7m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $1.7m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family of Care Real Estate Holding Co Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Faine House Inc ($1.7m), Treatment Outreach Program Inc ($1.7m) and Skywatchtv Corporation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $17.8m against liabilities of $11.8m, net assets of $6.0m.