Presbyterian Homes of South Florida Inc

Analysis

Presbyterian Homes of South Florida Inc is a registered charity in United States, based in Lehigh Acres, FL. It received its IRS tax-exemption ruling in October 1966, 60 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 December 2023, Presbyterian Homes of South Florida Inc reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+20%), an average of +4.7% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presbyterian Homes of South Florida Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Global Horizons Incorporated ($1.4m), National Wheelchair Basketball Association ($1.4m) and American Road and Transportation Builders Assoc Transportation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 92% of the total. Other salaries and wages came to $347k. At year end it held assets of $3.3m against liabilities of $115k, net assets of $3.2m. It reported 26 employees.