Florida Care Management Services Agency Inc

Analysis

Florida Care Management Services Agency Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in December 2018, 8 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, Florida Care Management Services Agency Inc reported income of $4.7m and spending of $4.2m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $4.7m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Florida Care Management Services Agency Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Israel Guide Dog Center for the Blind ($4.7m), Indiana Youth Services Association Inc ($4.7m) and Harbor Properties ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $173k (4.2% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $1.8m against liabilities of $208k, net assets of $1.6m. It reported 55 employees.