Friends of the Family Ministries
Analysis
Friends of the Family Ministries is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in October 1994, 32 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, Friends of the Family Ministries reported income of $359k and spending of $399k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $347k to $359k (+3.4%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Family Ministries sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Masters Touch of Sneads Ferry II Inc ($359k), Domestic Violence Intervention Inc ($359k) and First Option Care Inc ($359k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $89k (22% of expenses). At year end it held assets of $210k against liabilities of $7,968, net assets of $202k. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 30%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Masters Touch of Sneads Ferry II Inc | Sneads Ferry | $359k |
| Domestic Violence Intervention Inc | Fallon | $359k |
| First Option Care Inc | Thomasville | $359k |
| Heart of Portillos Foundation Inc | Oak Brook | $359k |