Sheriffs Foundation of Broward County Inc

Analysis

Sheriffs Foundation of Broward County Inc is a registered charity in United States, based in Plantation, FL. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Sheriffs Foundation of Broward County Inc reported income of $504k and spending of $459k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $378k to $504k (+33%), an average of +7.5% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sheriffs Foundation of Broward County Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Barkmerica ($504k), Cecil Daniel Trust Fbo St Joseph Catholic Church ($505k) and Elder Care Community for Home Care Service ($504k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (19% of expenses). At year end it held assets of $1.8m against liabilities of $5,119, net assets of $1.8m.