Friends of Children of North Central Florida Inc

Analysis

Friends of Children of North Central Florida Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in September 2007, 19 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 December 2023, Friends of Children of North Central Florida Inc reported income of $230k and spending of $85k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $230k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Friends of Children of North Central Florida Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Methodist Village Inc ($230k), Westwood Manor Inc ($230k) and Topeka Supportive Housing Inc ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $398k against liabilities of $0, net assets of $398k.