Florida Pba Heart Fund Inc

Analysis

Florida Pba Heart Fund Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in April 2002, 24 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 2022, Florida Pba Heart Fund Inc reported income of $1.2m and spending of $451k, leaving 64% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $642k to $1.2m (+93%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Florida Pba Heart Fund Inc sits at the 78th percentile: it is larger than about 78% 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 Barron Heights Community Development Corporation ($1.2m), Youth Service Bureau of Porter County Inc ($1.2m) and Illinois Community for Displaced Immigrants ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $57k. At year end it held assets of $8.9m against liabilities of $34k, net assets of $8.9m.