Fibco Family Services Inc

Analysis

Fibco Family Services Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in November 1987, 39 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 December 2023, Fibco Family Services Inc reported income of $1.9m and spending of $1.5m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.9m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fibco Family Services Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include St Cloud Christian School ($1.9m), The Willow Domestic Violence Center Inc ($1.9m) and Park Square Theatre Company ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $64k (4.2% of expenses). Other salaries and wages came to $14k. At year end it held assets of $3.5m against liabilities of $724k, net assets of $2.8m. It reported 3 employees.