Florida Community Development

Analysis

Florida Community Development is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in April 1981, 45 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 2024, Florida Community Development reported income of $277k and spending of $155k, leaving 44% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $66k to $277k (+317%), an average of +104% a year. The sharpest change came in the year to June 2024, when income rose by 161%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Community Development sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Reynolds and Reynolds Employee Foundation ($277k), The Alamo Heights Mulepushers ($277k) and Amyotrophic Lateral Sclerosis Association ($277k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $15k (9.7% of expenses). At year end it held assets of $318k against liabilities of $0, net assets of $318k.