Florida Clinical Practice Association Inc

Analysis

Florida Clinical Practice Association Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in October 1981, 45 years ago. 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, Florida Clinical Practice Association Inc reported income of $1.06bn and spending of $1.08bn, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $711.2m to $1.06bn (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Clinical Practice Association 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 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include The Governors of the University of Calgary ($1.05bn), McMaster University Ontario ($1.06bn) and Florida Hospital Medical Group Inc ($1.04bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $377.0m against liabilities of $217.6m, net assets of $159.4m.