Family Extended Care of Central Tampa Inc

Analysis

Family Extended Care of Central Tampa Inc 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 Central Tampa Inc reported income of $3.3m and spending of $3.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.3m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 104% 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 Central Tampa Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Fern Lodge Inc ($3.3m), Weaverland Mennonite Homes ($3.3m) and Snap Financial Access ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 47% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $130k against liabilities of $1.1m, net assets of -$976k. It reported 74 employees.