Progress Florida Education Institute

Analysis

Progress Florida Education Institute is a registered charity in United States, based in Saint Petersburg, FL. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Progress Florida Education Institute reported income of $968k and spending of $904k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $535k to $968k (+81%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 1238%. Over the whole period it spent 95% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Progress Florida Education Institute sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Forward Through Ferguson ($968k), Latino Civic Alliance ($968k) and Latin American Legal Defense and Educational Fund Inc ($967k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $96k (11% of expenses). Other salaries and wages came to $97k. At year end it held assets of $896k against liabilities of $204k, net assets of $692k. It reported 10 employees.