Families Flourish Inc

Analysis

Families Flourish Inc is a registered charity in United States, based in Columbus, OH. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Families Flourish Inc reported income of $1.7m and spending of $881k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.5m to $1.7m (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 35% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Flourish Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Hanot Foundation Inc ($1.7m), Kids Kasa Foster Care Inc ($1.7m) and Dulles South Food Pantry ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $75k (8.5% of expenses). Other salaries and wages came to $253k. At year end it held assets of $2.1m against liabilities of $859, net assets of $2.1m. It reported 5 employees.