Dermatology Foundation of South Florida

Analysis

Dermatology Foundation of South Florida is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 1960, 66 years ago. 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, Dermatology Foundation of South Florida reported income of $191k and spending of $144k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $171k to $191k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 587%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dermatology Foundation of South Florida sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Audrain County Historical Society ($191k), Altrusa International Foundation Inc ($191k) and Volunteers of America Inc ($191k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.