University of Florida

Analysis

University of Florida is a registered charity in United States, based in Lecanto, FL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 August 2023, University of Florida reported income of $193k and spending of $152k, leaving 21% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $164k to $193k (+18%), an average of +18% a year. The sharpest change came in the year to August 2023, when income rose by 18%. Over the whole period it spent 77% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, University of Florida sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Texas Supremacy of Music & Arts Conservatory ($193k), Kids Club Consultants Inc ($193k) and LHHS Cheer Booster Club ($193k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $328k against liabilities of $0, net assets of $328k.