Multi-Cultural Resource Center for Children & Families Inc

Analysis

Multi-Cultural Resource Center for Children & Families Inc is a registered charity in United States, based in Fort Pierce, FL. It received its IRS tax-exemption ruling in November 2009, 17 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 September 2023, Multi-Cultural Resource Center for Children & Families Inc reported income of $223k and spending of $212k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $93k to $223k (+139%), an average of +24% a year. The sharpest change came in the year to September 2020, when income rose by 194%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Multi-Cultural Resource Center for Children & Families Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Hillsborough Auxiliary to Peninsula Family Service ($223k), First Baptist Cares Inc ($223k) and Current of Tampa Bay Inc ($223k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 5.9% of the total. Other salaries and wages came to $104k. At year end it held assets of $11k against liabilities of $0, net assets of $11k. It reported 4 employees.