Orlando Neighborhood Improvement Corporation Inc

Analysis

Orlando Neighborhood Improvement Corporation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 1986, 40 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 September 2023, Orlando Neighborhood Improvement Corporation Inc reported income of $13.0m and spending of $10.7m, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.2m to $13.0m (+41%), an average of +9.0% a year. The sharpest change came in the year to September 2022, when income rose by 309%. Over the whole period it spent 46% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Orlando Neighborhood Improvement Corporation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include National Housing Trust ($13.0m), Impact Development Fund ($13.0m) and Caracole Inc ($12.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.0% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $425k (4.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $98.6m against liabilities of $27.2m, net assets of $71.4m. It reported 26 employees.