Family Support Center of South Sound

Analysis

Family Support Center of South Sound is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in November 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 June 2023, Family Support Center of South Sound reported income of $5.7m and spending of $4.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $5.7m (+144%), an average of +25% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Support Center of South Sound sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Urban League of Greater Miami Inc ($5.7m), Centrastate Assisted Living Inc ($5.7m) and Homeworthy ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $100k (2.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $9.0m against liabilities of $5.1m, net assets of $3.9m. It reported 48 employees.