Families4familiesdmv Inc

Analysis

Families4familiesdmv Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Families4familiesdmv Inc reported income of $376k and spending of $419k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $499k to $376k (-25%), an average of -13% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families4familiesdmv Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Partners for Better Health ($376k), Apufram International ($377k) and Lettum Eat Inc ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $116k (28% of expenses). Other salaries and wages came to $5,778. At year end it held assets of $141k against liabilities of $209, net assets of $140k. It reported 2 employees.