Florida Tax Education Foundation Inc

Analysis

Florida Tax Education Foundation Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2022, Florida Tax Education Foundation Inc reported income of $233k and spending of $236k, spending 101% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $237k to $233k (-1.9%), an average of -0.6% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Florida Tax Education Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Crayon Corner Learning Center Inc ($233k), National Christian School Association ($233k) and The International Society of Women Airline Pilots ($233k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.