Caring & Sharing of South Walton County

Analysis

Caring & Sharing of South Walton County is a registered charity in United States, based in Santa Rsa BCH, FL. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Caring & Sharing of South Walton County reported income of $1.3m and spending of $1.2m, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $456k to $1.3m (+191%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caring & Sharing of South Walton County sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Sierra Harvest ($1.3m), Make It Home ($1.3m) and Clemmons Food Pantry Inc ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 71% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $85k (6.9% of expenses). Other salaries and wages came to $286k. At year end it held assets of $598k against liabilities of $23k, net assets of $575k. It reported 9 employees.