Mid Florida Community Services Inc

Analysis

Mid Florida Community Services Inc is a registered charity in United States, based in Brooksville, FL. It received its IRS tax-exemption ruling in May 1983, 43 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 September 2023, Mid Florida Community Services Inc reported income of $38.3m and spending of $38.1m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $29.1m to $38.3m (+32%), an average of +7.1% a year. The sharpest change came in the year to September 2023, when income rose by 15%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mid Florida Community Services Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Multicultural Community Service of the Pioneer Valley Inc ($38.3m), Shepherd of the Valley Lutheran Retirement Services Inc ($38.3m) and Developmental Disabilities Resource Center ($38.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $552k (1.5% of expenses). At year end it held assets of $10.4m against liabilities of $4.2m, net assets of $6.2m. It reported 414 employees.