Struggle for Miamis Affordable and Sustainable Housing Incorporated

Analysis

Struggle for Miamis Affordable and Sustainable Housing Incorporated is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2016, 10 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 2022, Struggle for Miamis Affordable and Sustainable Housing Incorporated reported income of $508k and spending of $309k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $66k to $508k (+665%), an average of +97% a year. The sharpest change came in the year to December 2022, when income rose by 183%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Struggle for Miamis Affordable and Sustainable Housing Incorporated sits at the 67th percentile: it is larger than about 67% 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 Mid America Crop Life Association ($508k), Tera Koti Reddy Charitable Foundation ($508k) and Health Officers Association of California ($507k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (25% of expenses). At year end it held assets of $820k against liabilities of $474k, net assets of $346k.