Federation of Families of Florida Inc

Analysis

Federation of Families of Florida Inc is a registered charity in United States, based in Royal PLM BCH, FL. It received its IRS tax-exemption ruling in September 2002, 24 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 December 2023, Federation of Families of Florida Inc reported income of $266k and spending of $281k, spending 106% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $261k to $266k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Federation of Families of Florida Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Teen Hope of Idaho Inc ($266k), Meals on Wheels Foundation ($266k) and LA Alliance for Human Rights ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $64k (23% of expenses). Other salaries and wages came to $67k. At year end it held assets of $67k against liabilities of $113k, net assets of -$46k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.