Community Affordable Supported Living Inc

Analysis

Community Affordable Supported Living Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in January 1998, 28 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 2022, Community Affordable Supported Living Inc reported income of $548k and spending of $680k, spending 124% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $533k to $548k (+2.9%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income dropped by 30%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Affordable Supported Living Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Southeastern Indiana Independent Living Center Inc ($548k), Horizon Lodge Garden Apartments Inc ($548k) and San Francisco Early Learning Alliance ($548k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 13% and program service revenue 86% of the total. At year end it held assets of $4.2m against liabilities of $3.1m, net assets of $1.1m.