Federation of Families Miami Dade Chapter Inc

Analysis

Federation of Families Miami Dade Chapter Inc is a registered charity in United States, based in Miami Gardens, FL. It received its IRS tax-exemption ruling in December 2010, 16 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 June 2023, Federation of Families Miami Dade Chapter Inc reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $899k to $1.1m (+24%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Federation of Families Miami Dade Chapter Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Camden Center for Law and Social Justice Inc ($1.1m), Community Life Line ($1.1m) and Jovenes de Antano Del Condado de San Benito ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $98k (8.6% of expenses). Other salaries and wages came to $655k. At year end it held assets of $357k against liabilities of $187k, net assets of $170k. It reported 24 employees.