Powered by LevrNAICS 624190: Other individual and family services
NAICS 624190 is the industry code for other individual and family services. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 624190 covers
This code covers individual and family social services not classified elsewhere, such as family counseling agencies, crisis hotlines, marriage counseling by social agencies, senior advocacy, and services for immigrants, veterans and people released from prison.
Included in this code
- Family service agencies
- Crisis intervention hotlines
- Immigrant and refugee services
- Reentry services
- Self help and support organizations
- Multipurpose social service centers
Not this code
- Child and youth services: see 624110 Child and youth services
- Elderly services: see 624120 Services for the elderly and persons with disabilities
- Therapy practices: see 621330 Offices of mental health practitioners (except physicians)
Businesses that use 624190
Financing for this trade
Social service agencies finance with lines of credit to bridge grant and contract payments and mortgages for facilities, often from community development lenders. Lenders look at grant sources and reserves.
Apply for funding with AIIs 624190 the right code for a social services agency not covered elsewhere?
Yes, if you provide social services to individuals and families not covered by child, elderly or disability codes, such as family service agencies, crisis lines, immigrant services and reentry programs. Licensed therapy practices use 621330. Choose the code that best matches your main population and service.
What is the SBA size standard for 624190?
SBA sets the size standard for 624190 at $16 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Individual and family service agencies at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent individual and family service agencies fall well inside the limit, so size is rarely what decides an SBA application.
How do social service nonprofits manage cash flow?
Many receive government contracts and grants paid on reimbursement, so a line of credit from a bank or community development lender covers payroll in the meantime. Mortgages or CDFI loans fund buildings. Lenders look at funding diversity, contract history and operating reserves.
What does NAICS 624190 cover?
Other individual and family services. Industry level code in NAICS 2022, under 62 Health care and social assistance, 624 Social assistance, 6241 Individual and family services, 62419 Other individual and family services.
What financing do NAICS 624190 businesses use?
Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 624190?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.