The Florida Concrete Masonry Education Council Inc

Analysis

The Florida Concrete Masonry Education Council Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, The Florida Concrete Masonry Education Council Inc reported income of $3.0m and spending of $3.1m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.0m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Florida Concrete Masonry Education Council Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Alotian Charitable Events ($3.0m), Great Rivers United Way Inc ($3.0m) and Community Foundation of West Alabama ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $10k (0.3% of expenses). At year end it held assets of $3.3m against liabilities of $111k, net assets of $3.2m. It reported 1 employees.