South Florida Community Development Coalition Inc

Analysis

South Florida Community Development Coalition Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2022, South Florida Community Development Coalition Inc reported income of $213k and spending of $251k, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $188k to $213k (+14%), an average of +4.3% a year. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Florida Community Development Coalition Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include St John Community Development Corporation ($213k), Texas Lions Foundation Inc ($213k) and Elwood Community Development Corporation ($213k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $101k (40% of expenses). Other salaries and wages came to $60k. At year end it held assets of $40k against liabilities of $12k, net assets of $28k. It reported 2 employees.