Frameworks of Tampa Bay Inc

Analysis

Frameworks of Tampa Bay Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Frameworks of Tampa Bay Inc reported income of $1.9m and spending of $1.8m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $789k to $1.9m (+141%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 95%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Frameworks of Tampa Bay Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Boys and Girls Clubs of Central Carolina Inc ($1.9m), Evolve Youth Services ($1.9m) and Prior Lake Athletics for Youth ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $154k (8.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.2m against liabilities of $261k, net assets of $949k. It reported 20 employees.