Families Engagement Program Inc

Analysis

Families Engagement Program Inc is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in September 2023, 3 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 2022, Families Engagement Program Inc reported income of $58k and spending of $20k, leaving 66% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income fell from $155k to $58k (-63%), an average of -39% a year. The sharpest change came in the year to May 2021, when income dropped by 52%. Over the whole period it spent 41% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Engagement Program Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 29th percentile within SC. Charities of a similar size with the same main cause include Safe Night Ministries for Domestic Violence Victims ($58k), Connecticut Association of Adult Day Centers Inc ($58k) and Brightmoor Artisans Collective ($58k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $376k against liabilities of $20k, net assets of $356k.