Simeon Resource and Development Center for Men Inc

Analysis

Simeon Resource and Development Center for Men Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Simeon Resource and Development Center for Men Inc reported income of $324k and spending of $311k, spending 96% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $249k to $324k (+30%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Simeon Resource and Development Center for Men Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Casa of the Tennessee Valley ($324k), Federal Asian Pacific American Council Fapac ($324k) and Neighbors Helping Neighbors of Amherst County Inc ($324k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $277k. At year end it held assets of $27k against liabilities of -$3,859, net assets of $31k.