Raise the Bar Family Services Inc

Analysis

Raise the Bar Family Services Inc is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in October 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 (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, Raise the Bar Family Services Inc reported income of $299k and spending of $183k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $299k (+220%), an average of +220% a year. The sharpest change came in the year to December 2023, when income rose by 220%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raise the Bar Family Services Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Falls Township Senior Citizens Inc ($299k), Diligencias Corporation ($299k) and Taking Back Our Lives ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (30% of expenses). Other salaries and wages came to $63k. At year end it held assets of $240k against liabilities of $60k, net assets of $180k. It reported 5 employees.