The Mustard Seed of Central Florida Inc

Analysis

The Mustard Seed of Central Florida Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 1988, 38 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 2024, The Mustard Seed of Central Florida Inc reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.6m (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Mustard Seed of Central Florida Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include National Center for Equine Facilitated Therapy ($1.6m), Wayne Pediatrics Inc ($1.6m) and Boys & Girls Club of Dayton Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $95k (6.4% of expenses). Other salaries and wages came to $510k. At year end it held assets of $1.2m against liabilities of $18k, net assets of $1.2m. It reported 28 employees.