Caribbean-American for Community Involvement in Cflorida Inc

Analysis

Caribbean-American for Community Involvement in Cflorida Inc is a registered charity in United States, based in Royal PLM BCH, FL. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Caribbean-American for Community Involvement in Cflorida Inc reported income of $63k and spending of $68k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $39k to $63k (+64%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Caribbean-American for Community Involvement in Cflorida Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Florissant Old Town Partners Inc ($63k), Better Days 2020 ($63k) and East Main Street Special Improvement District of Columbus ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $199k against liabilities of $9,002, net assets of $190k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.