Tampa Bay Heat Home Education Activities Teams Inc

Analysis

Tampa Bay Heat Home Education Activities Teams Inc is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in February 2014, 12 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, Tampa Bay Heat Home Education Activities Teams Inc reported income of $809k and spending of $628k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $352k to $809k (+130%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tampa Bay Heat Home Education Activities Teams Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Austin Aspires Inc ($809k), At Home Group Inc ($809k) and Asbury Community Development Corporation ($809k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $91k (14% of expenses). At year end it held assets of $933k against liabilities of $0, net assets of $933k. It reported 1 employees.