Florida Association for Community Action Inc Faca

Analysis

Florida Association for Community Action Inc Faca is a registered charity in United States, based in Saint Johns, FL. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Florida Association for Community Action Inc Faca reported income of $253k and spending of $200k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $450k to $253k (-44%), an average of -13% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Florida Association for Community Action Inc Faca sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Development Chenango Corporation ($253k), Center for Local Government ($253k) and Bridge of Tiftarea Inc ($253k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Other salaries and wages came to $110k. At year end it held assets of $303k against liabilities of $985, net assets of $302k. It reported 1 employees.