Philoptochos of Saint Mark of Boca Raton Florida Inc

Analysis

Philoptochos of Saint Mark of Boca Raton Florida Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in February 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Philoptochos of Saint Mark of Boca Raton Florida Inc reported income of $112k and spending of $104k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $112k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Philoptochos of Saint Mark of Boca Raton Florida Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Nisc Foundation ($112k), Vinton-Shellsburg Community School District Foundation ($112k) and Middletown Valley People Helping People ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.