Florida Masonry Apprentice and Education Foundation Inc

Analysis

Florida Masonry Apprentice and Education Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Masonry Apprentice and Education Foundation Inc reported income of $1.1m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $612k to $1.1m (+88%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Florida Masonry Apprentice and Education Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include California Tamil Academy ($1.1m), Learning Agency Lab ($1.2m) and West Gilbert Charter Middle School Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $383k. At year end it held assets of $499k against liabilities of $259k, net assets of $240k.