Florida Policy Institute Inc

Analysis

Florida Policy Institute Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Florida Policy Institute Inc reported income of $1.7m and spending of $1.6m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.7m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Policy Institute Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include South Taylor Emergency Medical Service ($1.7m), Ohio Junior Hockey Association Inc ($1.7m) and East Bay Bicycle Coalition ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $246k (16% of expenses). Other salaries and wages came to $667k. At year end it held assets of $3.1m against liabilities of $134k, net assets of $2.9m. It reported 14 employees.