Fremont Family Resource Center Corporation

Analysis

Fremont Family Resource Center Corporation is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Fremont Family Resource Center Corporation reported income of $396k and spending of $475k, spending 120% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $399k to $396k (-0.7%), an average of -0.1% a year. The sharpest change came in the year to June 2021, when income rose by 91%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fremont Family Resource Center Corporation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Renewall Inc ($396k), Montclair Village Association ($396k) and Family Business Network USA Inc ($396k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 4.5% of the total. Other salaries and wages came to $291k. At year end it held assets of $395k against liabilities of $30k, net assets of $365k.