Florida 4-H Club Foundation Inc

Analysis

Florida 4-H Club Foundation Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in May 1965, 61 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 March 2023, Florida 4-H Club Foundation Inc reported income of $1.3m and spending of $1.7m, spending 134% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income fell from $1.7m to $1.3m (-26%), an average of -9.7% a year. The sharpest change came in the year to March 2022, when income rose by 94%. Over the whole period it spent 111% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Florida 4-H Club Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Northern Piedmont Sports Club ($1.3m), Love Centers International Inc ($1.3m) and Youth for Christ USA Inc ($1.3m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $72k (4.3% of expenses). Other salaries and wages came to $619k. At year end it held assets of $3.3m against liabilities of $205k, net assets of $3.1m. It reported 45 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.