Sophisticated Gents of Florida

Analysis

Sophisticated Gents of Florida is a registered charity in United States, based in The Villages, FL. It received its IRS tax-exemption ruling in February 2016, 10 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 December 2023, Sophisticated Gents of Florida reported income of $150k and spending of $58k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $150k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sophisticated Gents of Florida sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Trinity Parent Teacher Organization ($150k), Amazing Scholar Academy Preschool ($150k) and Easterbrook Discovery School Parent Teacher Organization ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.