Mid-Florida Housing Partnership Inc

Analysis

Mid-Florida Housing Partnership Inc is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in May 1991, 35 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, Mid-Florida Housing Partnership Inc reported income of $1.0m and spending of $1.1m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.2m to $1.0m (-13%), an average of -3.4% a year. The sharpest change came in the year to September 2022, when income dropped by 17%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-Florida Housing Partnership Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Gods Word to the Nations Mission Society ($1.0m), Robinson Emergency Medical Service Inc ($1.0m) and Coltrane L I F E Center Inc ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Other salaries and wages came to $435k. At year end it held assets of $5.2m against liabilities of $116k, net assets of $5.0m. It reported 23 employees.