The Florida Turkish-American Association Inc

Analysis

The Florida Turkish-American Association Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Florida Turkish-American Association Inc reported income of $118k and spending of $98k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $118k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Florida Turkish-American Association Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Seventy Times Seven ($118k), Honor Flight of Northern New Mexico ($118k) and Russian Encouragement Ministries ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.