Florida Alliance for Community Solutions Inc

Analysis

Florida Alliance for Community Solutions Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Florida Alliance for Community Solutions Inc reported income of $140k and spending of $150k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $180k to $140k (-22%), an average of -6.1% a year. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Florida Alliance for Community Solutions Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Revitalize Comanche Inc ($140k), Webster 20 20 Incorporated ($140k) and Alliance of Women Directors ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (51% of expenses). At year end it held assets of $22k against liabilities of $18k, net assets of $4,718. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.