Children and Family Resource Services

Analysis

Children and Family Resource Services is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in April 2018, 8 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, Children and Family Resource Services reported income of $3.2m and spending of $3.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.2m (+57%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 74%. 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, Children and Family Resource Services sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Clay County Child Care Center Inc ($3.2m), Dickinson Iron Community Services Agency ($3.2m) and Alternative Residences Three Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 66% of the total. At year end it held assets of $1.4m against liabilities of $648k, net assets of $703k.