Florida Harm Reduction Collective Inc

Analysis

Florida Harm Reduction Collective Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Florida Harm Reduction Collective Inc reported income of $2.1m and spending of $1.4m, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $563k to $2.1m (+281%), an average of +281% a year. The sharpest change came in the year to December 2023, when income rose by 281%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Florida Harm Reduction Collective Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Sharing Ministries Inc ($2.1m), Heart and Soul Services Inc ($2.1m) and Breaking Free ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $558k. At year end it held assets of $1.1m against liabilities of $66k, net assets of $991k. It reported 25 employees.