Florida Keys Outreach Coalition Inc

Analysis

Florida Keys Outreach Coalition Inc is a registered charity in United States, based in Key West, FL. It received its IRS tax-exemption ruling in June 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Florida Keys Outreach Coalition Inc reported income of $2.2m and spending of $2.5m, spending 109% of what it took in. Across the 3 years on record, from June 2020 to June 2022, income grew from $2.2m to $2.2m (+0.3%), an average of +0.2% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Keys Outreach Coalition Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Faith Home Inc ($2.2m), DBH Management Inc ($2.2m) and Bethlehem Center ($2.2m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $557k. At year end it held assets of $2.5m against liabilities of $397k, net assets of $2.1m. It reported 14 employees.