South Florida Arts & Counseling Inc

Analysis

South Florida Arts & Counseling Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2024, South Florida Arts & Counseling Inc reported income of $1.3m and spending of $955k, leaving 26% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $833k to $1.3m (+55%), an average of +55% a year. The sharpest change came in the year to June 2024, when income rose by 55%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, South Florida Arts & Counseling Inc 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 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Salem Area Visiting Nurse Association ($1.3m), Ronald McDonald House Charities Inc ($1.3m) and Vincent Memorial Hospital Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $199k (21% of expenses). Other salaries and wages came to $47k. At year end it held assets of $680k against liabilities of $3,121, net assets of $677k. It reported 3 employees.