Bankruptcy Bar Foundation of the Southern District of Florida Inc

Analysis

Bankruptcy Bar Foundation of the Southern District of Florida Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in March 2001, 25 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, Bankruptcy Bar Foundation of the Southern District of Florida Inc reported income of $79k and spending of $51k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $79k (-13%), an average of -13% a year. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bankruptcy Bar Foundation of the Southern District of Florida Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include 40 West Assistance & Referral Inc ($79k), Kingdom Community Services Inc ($79k) and A Child Lives ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $402k against liabilities of $0, net assets of $402k.