Family Initiative Inc

Analysis

Family Initiative Inc is a registered charity in United States, based in Emporia, KS. It received its IRS tax-exemption ruling in May 2020, 6 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, Family Initiative Inc reported income of $79.4m and spending of $79.5m, spending 100% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $1.3m to $79.4m (+6140%), an average of +690% a year. The sharpest change came in the year to June 2022, when income rose by 5314%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Initiative Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within KS. Charities of a similar size with the same main cause include YMCA of Metropolitan Dallas ($79.0m), Special People in Northeast Inc Spin Center ($79.5m) and John F Murphy Homes Inc ($78.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.1m (1.4% of expenses). Other salaries and wages came to $18.8m. At year end it held assets of $23.5m against liabilities of $15.2m, net assets of $8.3m. It reported 507 employees.