Florida House Washington D C Inc

Analysis

Florida House Washington D C Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1972, 54 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 2023, Florida House Washington D C Inc reported income of $1.2m and spending of $770k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $622k to $1.2m (+90%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Florida House Washington D C 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 81st percentile, and in the 58th percentile within DC. Charities of a similar size with the same main cause include Kensington Corridor Trust ($1.2m), Maine Association for New Americans ($1.2m) and Provident Church Ministries Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $159k (21% of expenses). Other salaries and wages came to $253k. At year end it held assets of $1.8m against liabilities of $63k, net assets of $1.7m. It reported 6 employees.