770 Rabbinical College of Florida Inc

Analysis

770 Rabbinical College of Florida Inc is a registered charity in United States, based in Lauderhill, FL. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 770 Rabbinical College of Florida Inc reported income of $82k and spending of $251k, spending 306% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $215k to $82k (-62%), an average of -21% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 141% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 770 Rabbinical College of Florida Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Madison Elementary School Parent Teacher Organization ($82k), Dodgen Middle School Foundation Inc ($82k) and Reno Rotary Foundation ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $104k. At year end it held assets of $301k against liabilities of $249k, net assets of $52k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.