Housing Enterprises of Florida Inc

Analysis

Housing Enterprises of Florida Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in April 1995, 31 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 (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 2023, Housing Enterprises of Florida Inc reported income of $9.2m and spending of $9.5m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $9.2m (+650%), an average of +66% a year. The sharpest change came in the year to December 2021, when income rose by 347%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Enterprises of Florida Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include National Housing Trust Community Development Fund ($9.2m), Teresian House Housing Corporation ($9.2m) and Woodlands at St Barnabas Inc ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 76% of the total. At year end it held assets of $57.2m against liabilities of $39.6m, net assets of $17.7m.