Presbyterian Housing Foundation of Florida Inc

Analysis

Presbyterian Housing Foundation of Florida Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in October 1980, 46 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Presbyterian Housing Foundation of Florida Inc reported income of $1.8m and spending of $1.4m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.8m (-1.6%), an average of -0.4% a year. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presbyterian Housing Foundation of Florida Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Paideia School Endowment Fund Inc ($1.8m), United Way of the Lakelands ($1.8m) and Learning Disabilities Association of Central New York Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $874k. At year end it held assets of $13.7m against liabilities of $102k, net assets of $13.6m. It reported 11 employees.