Family Services Inc

Analysis

Family Services Inc is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in August 1990, 36 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, Family Services Inc reported income of $609k and spending of $585k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $674k to $609k (-9.6%), an average of -2.5% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Services Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within IA. Charities of a similar size with the same main cause include Hopes Corner Inc ($609k), Dominican Outreach Foundation ($609k) and Friends of Assist ($609k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 81% of the total. Other salaries and wages came to $348k. At year end it held assets of $607k against liabilities of $318k, net assets of $289k. It reported 8 employees.