Family Voices

Analysis

Family Voices is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in July 1996, 30 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 Voices reported income of $3.1m and spending of $3.5m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $3.1m (+61%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 93%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Voices sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Wellspring Community ($3.1m), Madrone Hospice Inc ($3.1m) and Faith Roots Reproductive Action ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $204k (5.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.8m against liabilities of $581k, net assets of $1.2m. It reported 21 employees.