Presbyterian Homes of Florida Inc

Analysis

Presbyterian Homes of Florida Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in July 1971, 55 years ago. 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, Presbyterian Homes of Florida Inc reported income of $1.7m and spending of $1.3m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+18%), an average of +4.2% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presbyterian Homes of Florida Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include The Womens Law Center of Maryland Inc ($1.7m), Our Lady of the Rosary Alaksa ($1.7m) and Counsel for Justice ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 94% of the total. Other salaries and wages came to $401k. At year end it held assets of $3.5m against liabilities of $87k, net assets of $3.4m. It reported 14 employees.