Better Together Family Services

Analysis

Better Together Family Services is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 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 (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 2022, Better Together Family Services reported income of $154k and spending of $189k, spending 122% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $201k to $154k (-23%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Better Together Family Services sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within NM. Charities of a similar size with the same main cause include Leahs Hopes and Dreams Organization ($154k), Family Advocacy Services NFP ($154k) and Queen Ann Nzinga Center Inc ($154k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $50k against liabilities of $1,897, net assets of $48k.