Center for Family Life in Sunset Park Inc

Analysis

Center for Family Life in Sunset Park Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2020, 6 years ago. 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, Center for Family Life in Sunset Park Inc reported income of $18.3m and spending of $17.0m, spending 93% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $6.8m to $18.3m (+169%), an average of +64% a year. The sharpest change came in the year to June 2022, when income rose by 229%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Family Life in Sunset Park Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Our House Inc ($18.3m), Human Services Inc ($18.3m) and University of Valley Forge of the Assemblies of God ($18.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $463k (2.7% of expenses). Other salaries and wages came to $9.3m. At year end it held assets of $8.5m against liabilities of $2.0m, net assets of $6.5m. It reported 455 employees.