Strengthening Families Inc

Analysis

Strengthening Families Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 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 December 2023, Strengthening Families Inc reported income of $963k and spending of $881k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $535k to $963k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Strengthening Families Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Northwest Family Life Learning and Counseling Center ($963k), Asian American Resource Workshop Inc ($963k) and Freeport Community Services Inc ($963k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $328k against liabilities of $0, net assets of $328k.