Florida Falun Dafa Association Inc

Analysis

Florida Falun Dafa Association Inc is a registered charity in United States, based in Weston, FL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Florida Falun Dafa Association Inc reported income of $3.4m and spending of $3.3m, spending 98% of its income. Across the 4 years on record, from December 2019 to August 2023, income grew from $3.0m to $3.4m (+14%), an average of +4.5% a year. The sharpest change came in the year to August 2023, when income rose by 96%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Florida Falun Dafa Association Inc 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 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Paramount Theater of Charlottesville Inc ($3.4m), America-Israel Cultural Foundation Inc ($3.4m) and The Workmens Circle Arbeter Ring Incorporated ($3.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $1.5m against liabilities of $1.1m, net assets of $433k.