Florida Panthers Foundation Inc

Analysis

Florida Panthers Foundation Inc is a registered charity in United States, based in Sunrise, FL. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Florida Panthers Foundation Inc reported income of $2.5m and spending of $1.8m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.5m (+83%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 415%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Florida Panthers Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Sunrise Enterprises Foundation ($2.5m), Center for Nonprofit Excellence ($2.5m) and United Way of Story County Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.