Families Helping Families Ministries Inc

Analysis

Families Helping Families Ministries Inc is a registered charity in United States, based in Conyers, GA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, 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 2023, Families Helping Families Ministries Inc reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $236k to $2.0m (+740%), an average of +740% a year. The sharpest change came in the year to December 2023, when income rose by 740%. 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, Families Helping Families Ministries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Young Mens Christian Association of Mount Vernon Ohio ($2.0m), Canyon Creek Womens Crisis Center ($2.0m) and At Home Mission NFP ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $34k (1.7% of expenses). At year end it held assets of $112k against liabilities of $502, net assets of $112k.