Family Life Education Ministries Inc

Analysis

Family Life Education Ministries Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in December 1971, 55 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Family Life Education Ministries Inc reported income of $135k and spending of $1.8m, spending 1305% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $243k to $135k (-45%), an average of -18% a year. The sharpest change came in the year to June 2021, when income rose by 9885%. Over the whole period it spent 8.3% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Life Education Ministries Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within AZ. Charities of a similar size with the same main cause include Central Booster Club Inc ($135k), Marine Renewable Energy Collaborative of New England ($135k) and Mauldin High School Band Boosters Inc ($135k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 148% of the total. At year end it held assets of $23.1m against liabilities of $0, net assets of $23.1m.