Federal Alliance for Safe Homes -Flash Inc

Analysis

Federal Alliance for Safe Homes -Flash Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Federal Alliance for Safe Homes -Flash Inc reported income of $1.6m and spending of $1.6m, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.4m to $1.6m (+17%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Federal Alliance for Safe Homes -Flash Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Building Impact Inc ($1.6m), Women S Forum of New York Inc ($1.6m) and Change Labs ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $522k (32% of expenses). Other salaries and wages came to $249k. At year end it held assets of $2.1m against liabilities of $347k, net assets of $1.7m. It reported 7 employees.