Family of Care Alliance Inc

Analysis

Family of Care Alliance Inc is a registered charity in United States, based in Laplata, MD. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Family of Care Alliance Inc reported income of $1.8m and spending of $1.3m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.8m (-8.3%), an average of -2.1% a year. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family of Care Alliance Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Refugee Development Center Inc ($1.8m), Educational Child Care Center ($1.8m) and Central Arkansas Disability Services ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $554k (42% of expenses). Other salaries and wages came to $421k. At year end it held assets of $4.9m against liabilities of $321k, net assets of $4.6m. It reported 9 employees.