Florida Independent Spirits Association

Analysis

Florida Independent Spirits Association is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2022, Florida Independent Spirits Association reported income of $100k and spending of $100k, spending 100% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $204k to $100k (-51%), an average of -51% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Florida Independent Spirits Association sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include The Straighter Way Founation ($100k), Lmc-Rp Inc ($100k) and Dimock Support Corporation ($100k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.