Family Outreach Center for Understanding Special Needs Inc

Analysis

Family Outreach Center for Understanding Special Needs Inc is a registered charity in United States, based in Eagle River, AK. It received its IRS tax-exemption ruling in March 1993, 33 years ago. 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 Outreach Center for Understanding Special Needs Inc reported income of $3.6m and spending of $3.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.7m to $3.6m (-23%), an average of -6.4% a year. The sharpest change came in the year to June 2022, when income dropped by 23%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Outreach Center for Understanding Special Needs Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within AK. Charities of a similar size with the same main cause include Varsity Team Inc ($3.6m), Iha Hospital Assistance Foundation Inc ($3.6m) and Tipton County Foundation Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $151k (4.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.9m against liabilities of $835k, net assets of $4.0m. It reported 112 employees.