Faouri Family Day Care Inc

Analysis

Faouri Family Day Care Inc is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in May 2017, 9 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, Faouri Family Day Care Inc reported income of $226k and spending of $201k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $181k to $226k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faouri Family Day Care Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include House of Mercy ($226k), Specialized Equine Services and Theraputic Riding ($226k) and Hartman House ($226k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $50k (25% of expenses). Other salaries and wages came to $49k. At year end it held assets of $113k against liabilities of $0, net assets of $113k.