Planned Parenthood of Florida Inc

Analysis

Planned Parenthood of Florida Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in March 1972, 54 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Planned Parenthood of Florida Inc reported income of $26.6m and spending of $30.5m, spending 115% of what it took in. Across the 5 years on record, from September 2019 to June 2023, income grew from $20.6m to $26.6m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Planned Parenthood of Florida Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Regence Health Network Inc ($26.5m), Near North Health Service Corporation ($26.6m) and Arizona Association of Community Health Centers Inc ($26.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $2.5m (8.0% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $39.3m against liabilities of $3.2m, net assets of $36.0m. It reported 309 employees.