Joyce L Sobel Family Resource Center

Analysis

Joyce L Sobel Family Resource Center is a registered charity in United States, based in Friday Harbor, WA. It received its IRS tax-exemption ruling in August 2000, 26 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, Joyce L Sobel Family Resource Center reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $931k to $1.8m (+94%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joyce L Sobel Family Resource Center 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 85th percentile within WA. Charities of a similar size with the same main cause include Newtown Youth and Family Services Inc ($1.8m), Riverwoods Christian Center ($1.8m) and Ontrack Program Resources Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $94k (5.2% of expenses). Other salaries and wages came to $638k. At year end it held assets of $2.3m against liabilities of $46k, net assets of $2.3m. It reported 22 employees.