Leadingage Florida Education Foundation Inc

Analysis

Leadingage Florida Education Foundation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in November 1973, 53 years ago. 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 November 2023, Leadingage Florida Education Foundation Inc reported income of $259k and spending of $208k, spending 81% of its income. Across the 5 years on record, from November 2019 to November 2023, income fell from $2.4m to $259k (-89%), an average of -43% a year. The sharpest change came in the year to November 2023, when income rose by 113%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadingage Florida Education Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Haven Health Clinic of Rome Inc ($259k), Garagiste Events Inc ($259k) and Soup Kitchen Inc ($258k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 7.7% and program service revenue 9.3% of the total. At year end it held assets of $3.2m against liabilities of $19k, net assets of $3.2m.