Energy Florida Inc

Analysis

Energy Florida Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Energy Florida Inc reported income of $90k and spending of $87k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $90k (-5.3%), an average of -5.3% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Energy Florida Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Startupsac ($90k), Community Vibes Garage ($90k) and 1000 Dollar Start-Ups Consortium ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $32k against liabilities of $33k, net assets of -$244.