Central Florida Community Action Agency Inc

Analysis

Central Florida Community Action Agency Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in April 1982, 44 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 September 2023, Central Florida Community Action Agency Inc reported income of $6.5m and spending of $6.5m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.7m to $6.5m (+74%), an average of +15% a year. The sharpest change came in the year to September 2021, when income rose by 41%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Florida Community Action Agency Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include New York Asian Womens Center Inc ($6.5m), Aging and Disability Resource Center of Brown County Inc ($6.5m) and LA Cheim School Inc ($6.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $239k (3.7% of expenses). Other salaries and wages came to $696k. At year end it held assets of $1.4m against liabilities of $1.2m, net assets of $163k. It reported 34 employees.