Family Collective Limited

Analysis

Family Collective Limited is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Family Collective Limited reported income of $62k and spending of $55k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $62k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Collective Limited sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 30th percentile within SC. Charities of a similar size with the same main cause include Energy Share of North Dakota Inc ($61k), Bethlehem Association ($62k) and Rotary International ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.