University of Florida

Analysis

University of Florida is a registered charity in United States, based in Jacksonville, 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 2024, University of Florida reported income of $251k and spending of $71k, leaving 72% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $72k to $251k (+247%), an average of +28% a year. The sharpest change came in the year to August 2024, when income rose by 165%. Over the whole period it spent 57% 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 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include National Little Britches Rodeo Association of Michigan ($251k), Free Fall Action Sports Inc ($251k) and O League ($250k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 47% and program service revenue 2.9% of the total. Other salaries and wages came to $27k. At year end it held assets of $739k against liabilities of $20k, net assets of $719k. It reported 1 employees.