Citrus County Family Resource Center Inc

Analysis

Citrus County Family Resource Center Inc is a registered charity in United States, based in Hernando, FL. It received its IRS tax-exemption ruling in May 1990, 36 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 December 2023, Citrus County Family Resource Center Inc reported income of $353k and spending of $164k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $353k (+66%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Citrus County Family Resource Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Baraboo Community Scholarship Corporation ($353k), Ettrick-Matoaca Rescue Squad Inc ($353k) and American Civic Association Inc ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $49k. At year end it held assets of $1.0m against liabilities of $638, net assets of $1.0m. It reported 3 employees.