Foundation for Family and Community Healing

Analysis

Foundation for Family and Community Healing is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 2019, 7 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 2024, Foundation for Family and Community Healing reported income of $166k and spending of $170k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $52k to $166k (+218%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 134%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foundation for Family and Community Healing sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include Lookout Mountain Casa Inc ($166k), Carebag Inc ($166k) and Caritas of Mexia ($166k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $42k (24% of expenses). Other salaries and wages came to $82k. At year end it held assets of $6,915 against liabilities of $0, net assets of $6,915. It reported 11 employees.