Everglades Community Association Incorporated

Analysis

Everglades Community Association Incorporated is a registered charity in United States, based in Florida City, FL. It received its IRS tax-exemption ruling in October 1984, 42 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Everglades Community Association Incorporated reported income of $7.4m and spending of $9.8m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $7.4m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Everglades Community Association Incorporated 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 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Housing Partners I Incorporated ($7.4m), Pacific House Inc ($7.4m) and Greenway Presbyterian Apartments Inc ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $50.2m against liabilities of $19.6m, net assets of $30.6m.