Sage of South Florida Inc

Analysis

Sage of South Florida Inc is a registered charity in United States, based in Oakland Park, FL. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Sage of South Florida Inc reported income of $92k and spending of $63k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $92k (+201%), an average of +201% a year. The sharpest change came in the year to December 2023, when income rose by 201%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sage of South Florida Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Alternatives Homes 2005 Inc ($92k), Benevolent Assoc Dedicated to Giving to Employees of Fcso Inc ($92k) and National Federation of Filipino American Association Nevada ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 27% of the total. At year end it held assets of $144k against liabilities of $1,839, net assets of $142k.