Taskforce Fore Ending Homelessness Inc

Analysis

Taskforce Fore Ending Homelessness Inc is a registered charity in United States, based in Lauderhill, FL. It received its IRS tax-exemption ruling in September 2005, 21 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, Taskforce Fore Ending Homelessness Inc reported income of $2.3m and spending of $2.3m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $2.3m (+121%), an average of +22% a year. The sharpest change came in the year to September 2023, when income rose by 43%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Taskforce Fore Ending Homelessness Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Early Learning Shared Services Alliance Inc ($2.3m), Dorchester Seniors Inc ($2.3m) and Urban League of Lexington-Fayette Co ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $136k (5.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.2m against liabilities of $181k, net assets of $1.0m. It reported 56 employees.