Abrazos Family Support Services

Analysis

Abrazos Family Support Services is a registered charity in United States, based in Bernalillo, NM. It received its IRS tax-exemption ruling in July 1979, 47 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 2024, Abrazos Family Support Services reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.7m to $2.8m (+4.0%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abrazos Family Support Services sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NM. Charities of a similar size with the same main cause include Cosmetic Executive Women Foundation Ltd ($2.8m), Indiaspora ($2.8m) and House of Neighborly Service ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $117k (4.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.3m against liabilities of $221k, net assets of $5.1m. It reported 39 employees.