Families Instructing Students at Home Inc
Analysis
Families Instructing Students at Home Inc is a registered charity in United States, based in Riverview, FL. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending May 2024, Families Instructing Students at Home Inc reported income of $135k and spending of $133k, spending 98% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $121k to $135k (+12%), an average of +12% a year. Over the whole period it spent 96% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Instructing Students at Home Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Star-Fish Inc ($135k), Kyle Larson Foundation ($135k) and Healing Waters Wilderness Adventures ($135k).
On its Form 990-EZ for the period ending May 2024, revenue came from program service revenue 86% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.
Income and spending
Where the income comes from
- Program services 86%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Star-Fish Inc | Plainfield | $135k |
| Kyle Larson Foundation | Charlotte | $135k |
| Healing Waters Wilderness Adventures | Sacramento | $135k |
| Off Center Thrift and Gift | Turlock | $135k |