Sos Childrens Villages Florida Inc

Analysis

Sos Childrens Villages Florida Inc is a registered charity in United States, based in Coconut Creek, FL. It received its IRS tax-exemption ruling in November 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, Sos Childrens Villages Florida Inc reported income of $4.9m and spending of $4.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.0m to $4.9m (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sos Childrens Villages Florida Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Lutheran Retirement Home Inc ($4.9m), Student Assistance Foundation of Montana ($4.9m) and Nevada Urban Indians Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $715k (15% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $7.8m against liabilities of $485k, net assets of $7.3m. It reported 63 employees.