North Florida Educational Institute Corp

Analysis

North Florida Educational Institute Corp is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 2014, 12 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 2019, North Florida Educational Institute Corp reported income of $4.1m and spending of $3.8m, spending 93% of its income. Across the 2 years on record, from December 2018 to December 2019, income grew from $3.9m to $4.1m (+5.4%), an average of +5.4% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Florida Educational Institute Corp sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Rossville Christian Academy ($4.1m), Saklan Valley School ($4.1m) and National Diversity Council ($4.1m).

On its Form 990 for the period ending December 2019, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $268k (7.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $974k against liabilities of $150k, net assets of $824k. It reported 60 employees.