Florida National Guard Foundation Inc

Analysis

Florida National Guard Foundation Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 National Guard Foundation Inc reported income of $155k and spending of $326k, spending 211% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $551k to $155k (-72%), an average of -72% a year. The sharpest change came in the year to June 2024, when income dropped by 72%. Over the whole period it spent 72% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Florida National Guard Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Harborcreek Fire Department ($155k), Brighton Volunteer Firemens Benevolent Association ($155k) and Volunteer Engine Company 2 ($155k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $30k (9.2% of expenses). At year end it held assets of $588k against liabilities of $0, net assets of $588k.