Florida Chapter-American Asociation of Blacks in Energy

Analysis

Florida Chapter-American Asociation of Blacks in Energy is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Florida Chapter-American Asociation of Blacks in Energy reported income of $85k and spending of $51k, leaving 39% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $96k to $85k (-11%), an average of -5.9% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 47% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Florida Chapter-American Asociation of Blacks in Energy sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include American Volkssport Association Inc ($85k), Friends of Reedy River Inc ($85k) and Center for Sustainable Living Inc ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $247k against liabilities of $0, net assets of $247k.