Central Florida Family Health Center Inc

Analysis

Central Florida Family Health Center Inc is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in May 1978, 48 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Central Florida Family Health Center Inc reported income of $36.5m and spending of $34.3m, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $23.4m to $36.5m (+56%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Florida Family Health Center Inc sits at the 99th percentile: it is larger than about 99% 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 Goodwill Industries of Kanawha Valley Inc ($36.5m), Community Mental Health Affiliates Inc ($36.6m) and Habitat for Humanity International Inc ($36.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 45% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $1.4m (4.0% of expenses). Other salaries and wages came to $19.5m. At year end it held assets of $35.6m against liabilities of $10.1m, net assets of $25.5m. It reported 527 employees.