Strongfamilies Inc

Analysis

Strongfamilies Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2022, 4 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, Strongfamilies Inc reported income of $171k and spending of $148k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $211k to $171k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Strongfamilies Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within AZ. Charities of a similar size with the same main cause include Open Door Community Center ($171k), Louisiana Reach Haiti Inc ($171k) and Chicago Friends of Haiti ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $94k (64% of expenses). At year end it held assets of $50k against liabilities of $2,388, net assets of $48k. It reported 2 employees.