Lopez Island Family Resource Center

Analysis

Lopez Island Family Resource Center is a registered charity in United States, based in Lopez Island, WA. It received its IRS tax-exemption ruling in February 1999, 27 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, Lopez Island Family Resource Center reported income of $2.6m and spending of $2.2m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $839k to $2.6m (+216%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 295%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lopez Island Family Resource Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include King Highland Community Redevelopment Corporation ($2.6m), The Acorn School for Early Childhood Development ($2.7m) and Calvary Baptist Community Center Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.4% of the total. Other salaries and wages came to $937k. At year end it held assets of $3.7m against liabilities of $125k, net assets of $3.6m. It reported 40 employees.