Florida Christian Apt Inc

Analysis

Florida Christian Apt Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in July 1951, 75 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Florida Christian Apt Inc reported income of $2.4m and spending of $2.4m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.4m (+13%), an average of +3.0% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Christian Apt Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Souris Basin Transportation Board ($2.4m), Charleston Library Society ($2.4m) and Vermont Principals Association Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $283k. At year end it held assets of $6.2m against liabilities of $3.6m, net assets of $2.6m.