Economics Club of Florida Inc

Analysis

Economics Club of Florida Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in April 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 December 2023, Economics Club of Florida Inc reported income of $171k and spending of $176k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $129k to $171k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 229%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Economics Club of Florida Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Harvest Fair Assn of Sonoma Co 1350 Bennett Ave ($171k), Parent Booster USA Inc ($171k) and Historic Bellefonte Inc ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $45k against liabilities of $35k, net assets of $11k.