Federation Landings Inc

Analysis

Federation Landings Inc is a registered charity in United States, based in Sunrise, FL. It received its IRS tax-exemption ruling in April 1994, 32 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 September 2023, Federation Landings Inc reported income of $885k and spending of $921k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $640k to $885k (+38%), an average of +8.5% a year. The sharpest change came in the year to September 2021, when income rose by 60%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Federation Landings Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Main and Arnold Senior Housing Inc ($885k), Sepp Devolopment Fund Corp ($886k) and Cass Housing Inc ($885k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $208k. At year end it held assets of $2.5m against liabilities of $73k, net assets of $2.4m. It reported 11 employees.