Florida Bar Foundation Inc

Analysis

Florida Bar Foundation Inc is a registered charity in United States, based in Maitland, FL. It received its IRS tax-exemption ruling in June 1962, 64 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Florida Bar Foundation Inc reported income of $70.8m and spending of $13.4m, leaving 81% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.9m to $70.8m (+223%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 452%. Over the whole period it spent 43% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Florida Bar Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Community Firm ($69.4m), Oriana House Inc ($72.4m) and Prison Fellowship Ministries ($68.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $378k (2.8% of expenses). Other salaries and wages came to $585k. At year end it held assets of $90.1m against liabilities of $2.0m, net assets of $88.1m. It reported 14 employees.