Florida Keys Childrens Shelter Inc

Analysis

Florida Keys Childrens Shelter Inc is a registered charity in United States, based in Tavernier, FL. It received its IRS tax-exemption ruling in August 1987, 39 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 June 2023, Florida Keys Childrens Shelter Inc reported income of $2.5m and spending of $2.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.5m (+9.9%), an average of +2.4% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Florida Keys Childrens Shelter Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Northwest Services for Independent Living ($2.5m), Domestic Violence Services of Southwestern Pennsylvania ($2.5m) and Flat River Outreach Ministries Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $191k (7.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.5m against liabilities of $248k, net assets of $2.2m. It reported 44 employees.