Usf Health Professions Conferencing Corporation

Analysis

Usf Health Professions Conferencing Corporation is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Usf Health Professions Conferencing Corporation reported income of $15.3m and spending of $14.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $18.1m to $15.3m (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2022, when income rose by 89%. 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, Usf Health Professions Conferencing Corporation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Finishing Trades Institute of North California and Nevada Trust ($15.3m), City of Hialeah Education Academy Inc ($15.3m) and Community Highered Institute ($15.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $563k (4.0% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $17.2m against liabilities of $13.0m, net assets of $4.2m. It reported 45 employees.