Family Extended Care of Sebring
Analysis
Family Extended Care of Sebring is a registered charity in United States, based in Hialeah, FL. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Family Extended Care of Sebring reported income of $2.9m and spending of $2.7m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.9m (+57%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 117% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Family Extended Care of Sebring sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include St Augustine Society Inc ($2.9m), Habitat for Humanity International Inc ($2.9m) and Community Home Trust ($2.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 78% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $6.3m against liabilities of $8.4m, net assets of -$2.2m. It reported 88 employees.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 78%
- Other 4.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| St Augustine Society Inc | St Augustine | $2.9m |
| Habitat for Humanity International Inc | Bluffton | $2.9m |
| Community Home Trust | Chapel Hill | $2.9m |
| Virginia Community Development Corp | Richmond | $2.9m |