Families Mentoring Families

Analysis

Families Mentoring Families is a registered charity in United States, based in Spanish Fork, UT. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Families Mentoring Families reported income of $268k and spending of $227k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $268k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 65% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Families Mentoring Families sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within UT. Charities of a similar size with the same main cause include Druze Orphans and Charitable Organization Inc ($268k), Iron Sharpens Iron Mentoring Inc ($269k) and Then Feed Just One Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $52k (23% of expenses). Other salaries and wages came to $51k. At year end it held assets of $375k against liabilities of $0, net assets of $375k.