Florida Hemophilia Association Inc

Analysis

Florida Hemophilia Association Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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 December 2022, Florida Hemophilia Association Inc reported income of $437k and spending of $361k, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $502k to $437k (-13%), an average of -4.5% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Hemophilia Association Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Camp Kiwanilong Board Inc ($437k), Lifeline Humanitarian Organization ($437k) and Wounded Warriors Abilities Ranch ($436k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 45% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $120k (33% of expenses). Other salaries and wages came to $51k. At year end it held assets of $1.1m against liabilities of $51k, net assets of $1.1m.