Phillips County Family Education Services Inc

Analysis

Phillips County Family Education Services Inc is a registered charity in United States, based in Holyoke, CO. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Phillips County Family Education Services Inc reported income of $87k and spending of $48k, leaving 45% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $445k to $87k (-80%), an average of -80% a year. The sharpest change came in the year to June 2024, when income dropped by 80%. Over the whole period it spent 19% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Phillips County Family Education Services Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Gordon Dove Jr Foundation Inc ($87k), Latino Child Care Association of Maryland Inc ($87k) and Northland Christian School Foundation Inc ($87k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% of the total. Other salaries and wages came to $10k. At year end it held assets of $465k against liabilities of $1,034, net assets of $464k. It reported 5 employees.