Empowerment of Florida Inc

Analysis

Empowerment of Florida Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in April 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, Empowerment of Florida Inc reported income of $1.3m and spending of $1.5m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 87%. 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, Empowerment of Florida Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Native American Community Board ($1.3m), Saint Clare Homes Property Inc a New Jersey Nonprofit Corporation ($1.3m) and Family YMCA of Marion and Polk Counties Support Organization ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 112% of the total. Compensation of current officers, directors and key employees was $172k (12% of expenses). Other salaries and wages came to $482k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 34 employees.