Florida Rural Legal Services Inc
Analysis
Florida Rural Legal Services Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in December 1968, 58 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, Florida Rural Legal Services Inc reported income of $10.9m and spending of $10.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.4m to $10.9m (+70%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 101% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Rural Legal Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Young Mens Christian Association of Greater Spartanburg ($10.9m), Kintock Group Inc ($10.9m) and Epworth Children & Family Services Inc ($10.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $292k (2.7% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $9.4m against liabilities of $6.8m, net assets of $2.6m. It reported 131 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Young Mens Christian Association of Greater Spartanburg | Spartanburg | $10.9m |
| Kintock Group Inc | Ft Washington | $10.9m |
| Epworth Children & Family Services Inc | Saint Louis | $10.9m |
| Mae Volen Senior Center Inc | Boca Raton | $10.9m |