Jamaica College Old Boys Association of Florida Inc

Analysis

Jamaica College Old Boys Association of Florida Inc is a registered charity in United States, based in Miramar, FL. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jamaica College Old Boys Association of Florida Inc reported income of $69k and spending of $77k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $22k to $69k (+220%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 160%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jamaica College Old Boys Association of Florida Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Towson High School Sports Boosters Club Inc ($69k), Teamsters Local 701 Scholarship Fund ($69k) and Red Pride Band Boosters ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,787 against liabilities of $0, net assets of $8,787.