Assisted Living of Florida Limited Inc

Analysis

Assisted Living of Florida Limited Inc is a registered charity in United States, based in Seminole, FL. It received its IRS tax-exemption ruling in January 2002, 24 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 2023, Assisted Living of Florida Limited Inc reported income of $2.4m and spending of $2.4m, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $2.4m (+122%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Assisted Living of Florida Limited Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Senior Services North Fulton Inc ($2.4m), Lupus America Communities ($2.4m) and The Ed Roberts Campus ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $90k (3.7% of expenses). Other salaries and wages came to $530k. At year end it held assets of $21k against liabilities of $0, net assets of $21k. It reported 22 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.