North American Family Institute Inc

Analysis

North American Family Institute Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in December 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2024, North American Family Institute Inc reported income of $26.1m and spending of $25.6m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $26.7m to $26.1m (-2.1%), an average of -0.4% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North American Family Institute Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include Merakey Parkside Recovery ($26.1m), Catholic Social Services ($26.2m) and Childrens Center for Treatment and Education ($26.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Other salaries and wages came to $15.8m. At year end it held assets of $17.6m against liabilities of $4.9m, net assets of $12.7m. It reported 411 employees.