Fam-rec Inc
501(c)(7)
Only null% goes to programs Thin reserves Declining revenue
Fam-rec Inc is a 501(c)(7) organization based in Spartanburg, South Carolina, registered in 1983, with $150,540 in FY2025 revenue. CharityIndex grades it D.
640 Keltner Ave, Spartanburg, SC, 29302 EIN 57-0698761 Since 1983
Revenue (FY2025)
$151K
▼ 29.8% vs prior year
Expenses (FY2025)
$168K
Net assets
-$26K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fam-rec Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -12% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fam-rec Inc: 0 mo reserves · -12% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fam-rec Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fam-rec Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 640 Keltner Ave, Spartanburg, SC, 29302
- City
- Spartanburg
- State
- South Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $270K (FY2009) to $151K (FY2025) across 14 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $30KNet assets -$26K
Operating margin
-11.5%
Spent more than it raised in the latest fiscal year.
Total assets
$3,821
Total liabilities
$30K
Net assets
-$26K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $150,540▼29.8% | $167,906▼27.5% | -$26,489▼190% | $3,821▼61.5% | 990 |
| 2024 | $214,421▼4.0% | $231,614▼7.5% | -$9,123▼213% | $9,915▼57.7% | 990 |
| 2023 | $223,315▼1.1% | $250,496▼1.2% | $8,070▼77.1% | $23,433▼53.9% | 990 |
| 2022 | $225,814▲2.0% | $253,474▲11.6% | $35,251▼44.0% | $50,863▼25.0% | 990 |
| 2021 | $221,278▲8.3% | $227,229▲6.0% | $62,911▼8.6% | $67,838▼9.2% | 990 |
| 2020 | $204,378▼11.0% | $214,457▼3.7% | $68,862▼12.8% | $74,731▼10.2% | 990 |
| 2019 | $229,530▲9.9% | $222,766▲3.0% | $78,941▲149% | $83,189▲856% | 990 |
| 2018 | $208,800▼5.7% | $216,178▼6.5% | -$160,244▼4.8% | $8,706▲846% | 990 |
| 2017 | $221,339▲3.9% | $231,321▲1.4% | -$152,866▼7.0% | $920▲1.9% | 990 |
| 2016 | $213,046▼1.4% | $228,018▼1.3% | -$142,884▼11.7% | $903 | 990 |
| 2015 | $216,038▼4.2% | $231,009▼2.0% | -$127,912▼13.3% | $903▼91.4% | 990 |
| 2014 | $225,559▼4.6% | $235,630▼7.8% | -$112,941▼9.8% | $10,501▲111% | 990 |
| 2013 | $236,515 | $255,572▼5.1% | -$102,870▼22.7% | $4,978▼66.5% | 990 |
| 2012 | — | $269,230▲0.7% | -$83,813▼99.5% | $14,842▲6.7% | 990 |
| 2011 | — | $267,380▼8.1% | -$42,013▼65.2% | $13,910▲76.3% | 990 |
| 2010 | — | $290,949▲3.6% | -$25,439▼964% | $7,889▲20.9% | 990 |
| 2009 | $270,372 | $280,861 | $2,946 | $6,527 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Fam-rec Inc a legitimate nonprofit?
- Yes. Fam-rec Inc is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 57-0698761, based in Spartanburg, South Carolina.
- What is Fam-rec Inc's EIN?
- Fam-rec Inc's Employer Identification Number (EIN) is 57-0698761.
- How much revenue does Fam-rec Inc report?
- Fam-rec Inc reported $150,540 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Fam-rec Inc have?
- CharityIndex grades Fam-rec Inc D, based on financial health (reserves and operating margin).
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Data for Fam-rec Inc (EIN 57-0698761) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.