Families 1st Partnership

Analysis

Families 1st Partnership is a registered charity in United States, based in North Platte, NE. It received its IRS tax-exemption ruling in November 2018, 8 years ago. 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 1st Partnership reported income of $354k and spending of $329k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $497k to $354k (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Families 1st Partnership sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NE. Charities of a similar size with the same main cause include Fort Ann Volunteer Fire Co Inc ($354k), Georgia Dressage and Combined Training Association Inc ($354k) and Wat Khmer Temple Trigoda Jothi- Gnano Choun-Nat ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $49k (15% of expenses). Other salaries and wages came to $32k. At year end it held assets of $33k against liabilities of $298, net assets of $33k. It reported 3 employees.