Family Network on Disabilities of Florida Inc

Analysis

Family Network on Disabilities of Florida Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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, Family Network on Disabilities of Florida Inc reported income of $2.2m and spending of $2.1m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $2.2m (+40%), an average of +8.8% a year. The sharpest change came in the year to September 2020, when income rose by 44%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Network on Disabilities of Florida Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Presbyterian & Reformed Publishing Co ($2.2m), Missouri Association of Area Agencies on Aging ($2.2m) and Hope Ignites Chicago ($2.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $278k (13% of expenses). Other salaries and wages came to $864k. At year end it held assets of $20.4m against liabilities of $18.5m, net assets of $1.9m. It reported 25 employees.