The Orange Bowl Committee Inc

Analysis

The Orange Bowl Committee Inc is a registered charity in United States, based in Miami Lakes, FL. It received its IRS tax-exemption ruling in January 1991, 35 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 April 2023, The Orange Bowl Committee Inc reported income of $19.9m and spending of $19.6m, spending 99% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $26.2m to $19.9m (-24%), an average of -6.7% a year. The sharpest change came in the year to April 2023, when income dropped by 35%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Orange Bowl Committee Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Belmont Day School Inc ($19.9m), Tasis Dorado Educational Foundation Inc ($19.9m) and Prairie School Inc ($19.9m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 4.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.1m (5.5% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $83.0m against liabilities of $8.4m, net assets of $74.6m. It reported 63 employees.