Florida Resurrection House Inc

Analysis

Florida Resurrection House Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in February 1990, 36 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 December 2023, Florida Resurrection House Inc reported income of $440k and spending of $557k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $440k (+58%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Florida Resurrection House Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Greenwood Housing & Community Development Inc ($440k), Good Samaritan House of Granite City Inc ($440k) and NFS Ministries ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $95k (17% of expenses). Other salaries and wages came to $151k. At year end it held assets of $1.5m against liabilities of $189k, net assets of $1.3m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.