Florence Crittenton Services Inc

Analysis

Florence Crittenton Services Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 1941, 85 years ago. 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, Florence Crittenton Services Inc reported income of $3.7m and spending of $2.3m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $3.7m (+113%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 138%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florence Crittenton Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Victims Information Bureau of Suffolk Inc C O James C Walsh ($3.7m), Yakima Rotary Food Bank ($3.7m) and Needham Extended Day Program Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $154k (6.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $9.6m against liabilities of $580k, net assets of $9.0m. It reported 64 employees.