Hope and Help Center of Central Florida Inc

Analysis

Hope and Help Center of Central Florida Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in April 1989, 37 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 June 2023, Hope and Help Center of Central Florida Inc reported income of $28.0m and spending of $25.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.1m to $28.0m (+74%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 54%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hope and Help Center of Central Florida Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Franciscan Missionaries of Our Lady University ($28.0m), Child Development Centers Inc ($28.0m) and Lutheran Home ($27.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $196k (0.8% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $21.8m against liabilities of $2.3m, net assets of $19.5m. It reported 90 employees.