The Family Center - LA Familia

Analysis

The Family Center - LA Familia is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in April 1999, 27 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, The Family Center - LA Familia reported income of $2.5m and spending of $2.2m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.5m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Family Center - LA Familia sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include LA Plazita ($2.5m), People in Need Inc of Delaware County Ohio ($2.5m) and Glades Initiative Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $94k (4.2% of expenses). Other salaries and wages came to $1.3m. It paid $32k in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $740k, net assets of $1.1m. It reported 42 employees.