Family Matters Inc

Analysis

Family Matters Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 1985, 41 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, Family Matters Inc reported income of $1.1m and spending of $1.2m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.1m (-22%), an average of -5.9% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Matters Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within AZ. Charities of a similar size with the same main cause include Americas Future Inc ($1.1m), Morris Animal Refuge ($1.1m) and St Johns Healing Community Board ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $400k (32% of expenses). Other salaries and wages came to $133k. At year end it held assets of $2.0m against liabilities of $16k, net assets of $1.9m. It reported 8 employees.