Florida Living Options Inc

Analysis

Florida Living Options Inc is a registered charity in United States, based in Galesburg, IL. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Florida Living Options Inc reported income of $4.6m and spending of $1.3m, leaving 73% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $48.4m to $4.6m (-90%), an average of -44% a year. The sharpest change came in the year to June 2022, when income dropped by 101%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Florida Living Options Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Upmc ($4.6m), Casa Serena ($4.6m) and Aravind Eye Foundation ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $6.4m against liabilities of $10.2m, net assets of -$3.8m.