Center for Strengthening Family Coping Resources

Analysis

Center for Strengthening Family Coping Resources is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Center for Strengthening Family Coping Resources reported income of $119k and spending of $171k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $193k to $119k (-39%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Strengthening Family Coping Resources sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Porsh Benefit ($119k), Restoration Advocates ($119k) and Mark 16 15 20 International Ministries ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $115k against liabilities of $350, net assets of $115k.