University of North Florida Financing Corporation

Analysis

University of North Florida Financing Corporation is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, University of North Florida Financing Corporation reported income of $11.6m and spending of $7.7m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $11.4m to $11.6m (+1.9%), an average of +0.5% a year. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of North Florida Financing Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Massachusetts Green High Performance Computing Center Inc ($11.6m), Cafa Inc ($11.6m) and South Kent School Corp ($11.6m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $163.0m against liabilities of $184.2m, net assets of -$21.2m.