Four Freedoms House of Miami Beach Inc

Analysis

Four Freedoms House of Miami Beach Inc is a registered charity in United States, based in Bay Harbor Islands, FL. It received its IRS tax-exemption ruling in December 1971, 55 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Four Freedoms House of Miami Beach Inc reported income of $319k and spending of $308k, spending 97% of its income. Across the 2 years on record, from December 2019 to December 2020, income fell from $417k to $319k (-23%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Four Freedoms House of Miami Beach Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Sylvan Retreat Apartments Inc ($319k), Mid-Peninsula Page Mill Court Inc ($319k) and Normandale Housing Corporation ($319k).

Compensation of current officers, directors and key employees was $30k (9.7% of expenses). At year end it held assets of $8.8m against liabilities of $4,282, net assets of $8.8m.