Embrace Families Community Based Care Inc

Analysis

Embrace Families Community Based Care Inc is a registered charity in United States, based in Maitland, FL. It received its IRS tax-exemption ruling in August 2002, 24 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, Embrace Families Community Based Care Inc reported income of $76.1m and spending of $85.8m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $74.4m to $76.1m (+2.2%), an average of +0.6% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Embrace Families Community Based Care Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Philabundance ($75.6m), Main Line Health Homecare & Hospice ($76.1m) and Moore Center Services Inc ($75.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $3.1m against liabilities of $15.8m, net assets of -$12.7m.