Hibiscus Childrens Center Inc

Analysis

Hibiscus Childrens Center Inc is a registered charity in United States, based in Jensen Beach, FL. It received its IRS tax-exemption ruling in March 1987, 39 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 June 2023, Hibiscus Childrens Center Inc reported income of $8.6m and spending of $9.1m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $8.6m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2020, when income rose by 17%. 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, Hibiscus Childrens Center Inc sits at the 94th percentile: it is larger than about 94% 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 Serenity House of Clallam County ($8.6m), United Housing Inc ($8.6m) and Homeword Inc ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $5.4m. At year end it held assets of $5.9m against liabilities of $738k, net assets of $5.1m. It reported 163 employees.