Collective Empowerment Group of South Florida Inc

Analysis

Collective Empowerment Group of South Florida Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 2006, 20 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 December 2023, Collective Empowerment Group of South Florida Inc reported income of $241k and spending of $207k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $241k (+211%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Collective Empowerment Group of South Florida Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Togonetwork ($241k), Interfaith Human Services of Putnam Inc ($242k) and A Child for All ($241k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 45% of the total. At year end it held assets of $202k against liabilities of $75k, net assets of $127k.