Homosassa Civic Club Inc

Analysis

Homosassa Civic Club Inc is a registered charity in United States, based in Homosassa, FL. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Homosassa Civic Club Inc reported income of $370k and spending of $309k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $281k to $370k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homosassa Civic Club Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Portal to Hope ($370k), Ive Got a Name ($370k) and Upper Arlington Civic Association ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.