Emergency Family Assistance Association Inc

Analysis

Emergency Family Assistance Association Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in January 1962, 64 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, Emergency Family Assistance Association Inc reported income of $9.9m and spending of $10.4m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $9.9m (+59%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Emergency Family Assistance Association Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Good Shepherd Home Ltd ($9.9m), Bread of Life Fellowship Inc ($9.9m) and Fresno Metropolitan Ministry ($9.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $151k (1.5% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $14.1m against liabilities of $313k, net assets of $13.8m. It reported 44 employees.