Florida Blue Key Inc

Analysis

Florida Blue Key Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Florida Blue Key Inc reported income of $633k and spending of $523k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $744k to $633k (-15%), an average of -5.3% a year. The sharpest change came in the year to June 2022, when income rose by 237%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Florida Blue Key Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Manheim Township Soccer Club ($633k), Waukee Athletic Boosters ($633k) and Spartanburg Community College Foundation ($633k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. At year end it held assets of $346k against liabilities of $0, net assets of $346k.