Somebody Cares Tampa Bay Inc

Analysis

Somebody Cares Tampa Bay Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Somebody Cares Tampa Bay Inc reported income of $306k and spending of $345k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $255k to $306k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Somebody Cares Tampa Bay Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Ministerio Cristiano Pentecostes Bendicion de LA Roca Eterna ($306k), Orcas Island Foundation ($306k) and Old Faithful Christian Ranch Inc ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $51k (15% of expenses). Other salaries and wages came to $53k. At year end it held assets of $164k against liabilities of $5,367, net assets of $159k. It reported 6 employees.