Broward County Minority Builders Coalition Inc

Analysis

Broward County Minority Builders Coalition Inc is a registered charity in United States, based in Plantation, FL. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Broward County Minority Builders Coalition Inc reported income of $791k and spending of $1.3m, spending 162% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.2m to $791k (-32%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Broward County Minority Builders Coalition Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Access Anaheim Inc Carbon Creek Shores ($790k), T G 107 Inc ($791k) and James Island Outreach ($790k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $169k (13% of expenses). At year end it held assets of $676k against liabilities of $1.3m, net assets of -$639k. It reported 13 employees.