Family Career and Community Leaders of America Inc

Analysis

Family Career and Community Leaders of America Inc is a registered charity in United States, based in Salem, UT. It received its IRS tax-exemption ruling in December 1946, 80 years ago. 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 June 2023, Family Career and Community Leaders of America Inc reported income of $266k and spending of $287k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2023, income grew from $143k to $266k (+86%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Career and Community Leaders of America Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within UT. Charities of a similar size with the same main cause include Mattawan Public Education Foundation ($266k), Green Up ($266k) and Lamplighters Inc ($266k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $16k against liabilities of $27k, net assets of -$11k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.