Health Foundation of South Florida Inc

Analysis

Health Foundation of South Florida Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 1988, 38 years ago. 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, Health Foundation of South Florida Inc reported income of $1.9m and spending of $1.2m, leaving 37% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.7m to $1.9m (+11%), an average of +2.0% a year. The sharpest change came in the year to December 2023, when income rose by 373%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Health Foundation of South Florida Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Pacific Islanders in Communications ($1.9m), Supreme Court Historical Society the Society ($1.9m) and Voces Unidas de Las Montanas ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% of the total. Compensation of current officers, directors and key employees was $124k (10% of expenses). Other salaries and wages came to $83k. At year end it held assets of $26.8m against liabilities of $2.0m, net assets of $24.8m. It reported 11 employees.