Florida Rural Water Association Inc

Analysis

Florida Rural Water Association Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Rural Water Association Inc reported income of $6.2m and spending of $5.9m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.3m to $6.2m (+17%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Rural Water Association Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Douglass Community Land Trust ($6.2m), Minnesota Indian Primary Residental Treatment Center Inc ($6.2m) and Spur-San Francisco Bay Are Planning and Urban Research Association ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $183k (3.1% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $7.3m against liabilities of $868k, net assets of $6.5m. It reported 47 employees.