Florida National Parks Association Inc

Analysis

Florida National Parks Association Inc is a registered charity in United States, based in Homestead, FL. It received its IRS tax-exemption ruling in April 1966, 60 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Florida National Parks Association Inc reported income of $5.4m and spending of $5.2m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.3m to $5.4m (+137%), an average of +24% a year. The sharpest change came in the year to September 2021, when income rose by 132%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Florida National Parks Association Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Westfield Youth Soccer Association Inc ($5.3m), West Oxford Agricultural Society ($5.4m) and Tsunami Volleyball Inc ($5.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.8% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $239k (4.6% of expenses). Other salaries and wages came to $733k. At year end it held assets of $3.0m against liabilities of $1.2m, net assets of $1.8m. It reported 74 employees.