Family Service Association

Analysis

Family Service Association is a registered charity in United States, based in Moreno Valley, CA. It received its IRS tax-exemption ruling in January 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Family Service Association reported income of $28.7m and spending of $24.3m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.9m to $28.7m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Service Association sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Fiesta Sports Foundation ($28.6m), Center for Popular Democracy ($28.7m) and After-School All-Stars ($28.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $536k (2.2% of expenses). Other salaries and wages came to $11.8m. At year end it held assets of $24.7m against liabilities of $18.8m, net assets of $5.9m. It reported 374 employees.