Strong Communities Realty Corporation

Analysis

Strong Communities Realty Corporation is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Strong Communities Realty Corporation reported income of $97k and spending of $358k, spending 370% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $153k to $97k (-37%), an average of -11% a year. The sharpest change came in the year to September 2021, when income rose by 58%. Over the whole period it spent 196% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Strong Communities Realty Corporation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Friends of Olph BC ($97k), Phelps Activities Council ($97k) and Worrall PTO ($97k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $6.4m against liabilities of $0, net assets of $6.4m.

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.