Florida Home Partnership Inc

Analysis

Florida Home Partnership Inc is a registered charity in United States, based in Ruskin, FL. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Florida Home Partnership Inc reported income of $2.4m and spending of $2.1m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.8m to $2.4m (-35%), an average of -10% a year. The sharpest change came in the year to September 2020, when income dropped by 53%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Florida Home Partnership Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include 820 W Belle Plaine Cooperative ($2.4m), Three Dog Night Charities ($2.5m) and Village of Merici Inc ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $475k (23% of expenses). Other salaries and wages came to $788k. At year end it held assets of $9.6m against liabilities of $2.2m, net assets of $7.4m. It reported 19 employees.