Broward Partnership for the Homeless Inc

Analysis

Broward Partnership for the Homeless Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in June 1998, 28 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, Broward Partnership for the Homeless Inc reported income of $14.6m and spending of $14.2m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.0m to $14.6m (+46%), an average of +9.9% a year. The sharpest change came in the year to September 2020, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Broward Partnership for the Homeless Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Rebekah Baines Johnson Center ($14.5m), Community Action Agency of Delaware County Inc ($14.6m) and Habitat for Humanity International Inc ($14.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $737k (5.2% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $13.7m against liabilities of $4.0m, net assets of $9.7m. It reported 140 employees.