Deerfield Beach Community Cares

Analysis

Deerfield Beach Community Cares is a registered charity in United States, based in Deerfield BCH, FL. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Deerfield Beach Community Cares reported income of $583k and spending of $362k, leaving 38% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $236k to $583k (+146%), an average of +146% a year. The sharpest change came in the year to August 2023, when income rose by 146%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Deerfield Beach Community Cares 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 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Ahepa 310 IV Inc ($583k), Great Falls Childrens Receiving Home ($583k) and Barrio Station ($583k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (20% of expenses). Other salaries and wages came to $69k. At year end it held assets of $373k against liabilities of $10k, net assets of $363k.